Latest New South Wales News

Veris Limited has reported a significant financial turnaround for the year ended June 2025, returning to profitability and boosting earnings, while strategically acquiring Spatial Vision to broaden its geospatial services across Australia.

Acrow Limited reported a 23% revenue increase to $265.1 million for FY25, driven by strong growth in its Industrial Access division and key acquisitions. Despite a slight dip in earnings per share, the company declared a fully franked final dividend of 2.95 cents per share.

Camplify Holdings has expanded its partnership with the NSW Government to provide caravans for flood-impacted residents, supporting housing recovery in the Mid North Coast and Hunter regions.

Legacy Minerals has secured NSW Government approval to recommence drilling at its Mt Carrington gold-copper project, unveiling fresh geophysical targets and backed by a recent $7.75 million capital raise.

Santos Limited reports a 31% drop in net profit for H1 2025 despite increased sales volumes and progress on key projects, while receiving a non-binding acquisition proposal from an Abu Dhabi-led consortium.

Rubicon Water reported a record FY25 revenue of A$69.1 million, driven by strong growth in the US and Rest of World markets, while reducing its net loss and building a robust project pipeline for FY26.

EVT Limited reported a solid financial year with normalised revenue rising 1.3% to A$1.237 billion and EBITDA up 6.3%, while net profit after tax surged 593%, driven by operational resilience and strategic growth initiatives including a major hotel management acquisition.

Adore Beauty has delivered record profitability in FY25, driven by margin expansion, owned brands, and retail growth, while setting ambitious targets for FY26.

Adore Beauty Group reported a modest 1.6% revenue increase in FY25 to $198.8 million, while profit before tax fell 56% due to one-off acquisition and restructuring costs. The company’s integration of iKOU and retail expansion underpin a refreshed omni-channel growth strategy.

Thunderbird Resources reports significant high-grade gold assays at its Kookabookra Gold Project in NSW, including a newly identified Kojak prospect with assays up to 23g/t Au, reinforcing the potential for a large-scale gold system.

West Cobar Metals is set to begin a 5,000-metre air core drilling campaign at its Mystique gold project in Western Australia, following key approvals and strong nearby gold intercepts that hint at significant mineral potential.

Larvotto Resources has raised $10 million through a Share Purchase Plan, bolstering its financial position as it advances the Hillgrove Project toward production slated for Q2 2026.