Latest Market Share News

Freightways reported a solid FY26 with 13.5% revenue growth to NZD 1.46 billion and a 17.3% rise in net profit, underpinned by strong Australian market gains and operational efficiencies despite economic headwinds.

Surefire Resources is initiating an on-market share buy-back of up to 15 million shares, about 8.3% of its issued capital, aiming to correct what it sees as a significant undervaluation relative to its gold assets.

Telstra reported a solid FY26 with EBITDAaL up 4% and cash EPS rising 14%, alongside increased capital expenditure and a new $1 billion share buyback. The company is advancing its digital infrastructure investments and AI capabilities while addressing a significant July network outage under regulatory scrutiny.

Sports Entertainment Group (ASX:SEG) has secured A$14.6 million in an oversubscribed placement at A$0.28 per share to back its transformative acquisition of New Zealand’s MediaWorks. The deal creates a trans-Tasman media powerhouse with combined pro forma FY26 revenue of A$284 million and EBITDA of A$36.1 million.

Microequities Asset Management Group saw a 20.1% drop in profit after tax for FY26, hit by sharp valuation falls in tech-heavy portfolios amid AI fears, despite a 1.5% revenue rise and a strong balance sheet.

Baby Bunting Group delivered a 6.5% revenue rise to $556 million in FY26, alongside a 33.9% jump in pro forma net profit after tax, driven by its Store of the Future refurbishments and margin expansion.

QBE Insurance Group posted a modest 1% increase in net profit to US$1.03 billion for the first half of 2026, underpinned by steady premium growth and disciplined underwriting.

Insurance Australia Group reported a 15.1% revenue increase to $21.3 billion in FY26 but saw net profit after tax fall 24.8% to $1.022 billion, impacted by natural peril claims and RACQ acquisition costs. The company declared a 20c final dividend, suspending its DRP.

Telstra Group Limited posted modest revenue decline but growth in profit and earnings per share for FY26, alongside a 10.5% dividend increase and a new $1 billion share buy-back. The company advances its Connected Future 30 strategy while managing a major July network outage.

Sports Entertainment Group (ASX: SEG) is set to acquire New Zealand’s leading audio business MediaWorks for NZ$130 million, creating a dominant trans-Tasman media group with over 5 million weekly listeners and significant earnings accretion.

Bravura Solutions posted a 49% rise in net profit after tax for FY26 despite a near 10% decline in revenue, supported by strong margin improvements and underlying profit growth. The company declared a 15 cent final dividend, secured a $100 million debt facility, and announced a $50 million share buyback.

Suncorp Group reported a 34% drop in net profit for FY26 to $1.03 billion amid elevated natural hazard costs but maintained strong margins and announced a $250 million share buyback and 10c special dividend.