Latest Joint Venture News

Qube Holdings has reported a landmark FY25 with underlying revenue soaring 27.3% to $4.46 billion and earnings rising across all key metrics, despite industrial action and adverse weather disruptions.

Whitehaven Coal reported a 53% revenue increase to $5.83 billion in FY25, driven by full-year contributions from its Queensland acquisitions. Despite a cyclical price downturn, the company strengthened its balance sheet and declared a fully franked final dividend of 6 cents per share.

Po Valley Energy and its partners have inked a 12-month gas sales agreement with Hera Trading, marking a strategic shift from BP Gas Marketing and reinforcing local ties in Italy’s energy sector.

Qube Holdings Limited reported robust FY25 underlying revenue growth of 27%, driven by strong performances in its Logistics & Infrastructure and Ports & Bulk divisions, while declaring a 71% increase in full-year dividends. Despite challenges including industrial action and weather disruptions, Qube expects continued earnings growth in FY26 supported by strategic acquisitions and operational resilience.

Downer EDI reported a mixed FY2025 with a slight revenue decline but a striking surge in profits and earnings per share, declaring a 14.1 cent final dividend.

Canterbury Resources has announced a non-underwritten Share Purchase Plan aiming to raise approximately $0.75 million at a 9.1% discount to recent trading prices, supporting exploration and working capital needs.

Li-S Energy Limited reported a $6.41 million net loss for FY25 while making significant strides in commercialising its lithium-sulfur battery technology, including commissioning new production facilities and securing key strategic partnerships.

Mitchell Services reported a transitional FY25 with revenue growth but earnings pressure from lower utilisation and mobilisation costs. The company secured key contracts and launched a decarbonisation joint venture, positioning for a stronger FY26.

Goodman Group reported a robust FY25 with a 13% rise in operating profit to $2.31 billion, driven by strong data centre development and strategic capital management. The Group targets continued growth with a 9% OEPS increase forecast for FY26.

Goodman Group has reported a robust increase in operating profit and revenue for FY25, alongside a raised final dividend and notable changes in entity control within its portfolio.

Northern Star Resources reports a remarkable 110% profit increase for FY25 alongside a 30% revenue rise, declaring a fully franked 30-cent final dividend. The acquisition of De Grey Mining marks a strategic expansion amid strong financial momentum.

Finbar Group Limited reported a robust FY25 with a 16% rise in underlying profit and a strong $1 billion development pipeline, signalling confidence in Western Australia's property market.