Latest Profit Forecasts News

Nick Scali Limited has upgraded its first half FY26 revenue and profit guidance, citing stronger than expected sales growth in Australia and New Zealand.

Cedar Woods Properties has raised its FY26 net profit guidance to at least 20% growth, driven by strong sales and faster project delivery, setting the stage for record earnings and higher dividends.

Ainsworth Game Technology forecasts a slight decline in full-year profit driven by weaker North American sales in the second half, despite revenue growth in Asia-Pacific and Latin America.

K&S Corporation has issued a cautious earnings update, forecasting a significant decline in underlying profit before tax for the first half of 2025 compared to last year.

FSA Group Ltd reports robust growth in loan origination and loan pools, driven by car loans and asset finance, while raising profit guidance for FY2026. The company’s strategic focus on automation and offshore expansion underpins its ambitious $1.3 billion loan pool target.

Saferoads Holdings has divested its Road Safety Rentals business for $10.8 million, repaid debt, and is now focusing on rebuilding its core product sales with new hires and product innovation.

FSA Group Limited has raised its profit before tax guidance for the 2026 financial year, projecting a significant increase driven by loan growth and operational efficiencies.

Cedar Woods Properties has raised its FY26 net profit guidance to 15% growth, driven by a surge in presales hitting a record $763 million. The company’s strong pipeline and strategic acquisitions position it well amid a tight housing market.

Insurance Australia Group (IAG) has upgraded its FY26 financial guidance following the acquisition of RACQ’s insurance business, projecting stronger premium growth and higher profits.

Treasury Wine Estates reported robust fiscal 2025 results driven by luxury wine growth and acquisitions, yet has downgraded its fiscal 2026 earnings outlook due to weakening demand in China and distribution disruptions in California.

Schaffer Corporation has pulled its first-half profit forecast for its Automotive Leather division following a major cyber-attack on Jaguar Land Rover that halted production. The incident casts uncertainty over short-term sales and profitability.

Computershare Limited has agreed to sell its UK Mortgage Services business to Pepper Advantage, marking a strategic step to streamline operations and enhance earnings quality without altering FY26 profit forecasts.