Latest Profitability Outlook News

Fisher & Paykel Healthcare has raised its full-year net profit guidance for FY2027, buoyed by robust first-half sales and a $23 million US tariff refund. The medical devices maker forecasts up to 24% profit growth in H1, driven by hospital product demand and operational efficiencies.

Tourism Holdings Limited has upgraded its FY26 underlying net profit after tax to around $46 million, beating earlier guidance. The company reports strong vehicle sales in New Zealand and robust late bookings, particularly in North America, while net debt ended lower than expected.

Vinyl Group has expanded its media footprint through key acquisitions, boosting national audience reach and setting a clear path to profitability in FY27 with AI-driven Adaptive Media strategies.

Judo Bank has raised its FY26 cost of risk guidance due to three specific customer exposures, yet maintains a strong profit outlook with a projected 30% increase in pre-tax earnings.

HighCom Limited has updated its FY26 second half guidance, now forecasting EBITDA losses between $1.2 million and $1.6 million, an improvement on the first half but shy of earlier breakeven expectations, alongside revenue growth of 70% to 100%.

Fleetwood is divesting its RV arm Camec and shutting its Smithfield manufacturing site to sharpen focus on modular building. The moves will cost up to $24 million in FY26 restructuring charges and halt the final dividend.

Brambles has trimmed its FY26 profit outlook due to US pallet repair capacity issues, impacting earnings by about US$60 million. The company is investing in quality improvements and expanding repair capacity, while announcing a new US$400 million share buy-back reflecting confidence in its cash flow.

Metcash Limited projects an underlying NPAT between $268 million and $270 million for FY26, buoyed by strong second-half momentum in Hardware & Tools and disciplined cost management driving cash flow and margin resilience.

QBE Insurance Group kicked off 2026 with robust premium growth and solid underwriting, maintaining its full-year guidance amid geopolitical uncertainty and evolving risks.

Resonance Health upgrades its FY26 underlying EBITDA guidance to $2.6 million, driven by operational efficiencies and growth in its Software-as-Medical Devices segment, despite a slight revenue timing delay.

Judo Bank reported solid Q3 lending growth and stable asset quality, maintaining its FY26 profit before tax guidance between $180m and $190m despite increasing credit loss provisions due to economic uncertainty.

Turners Automotive Group has raised its net profit guidance for FY26 to $63 million, driven by robust vehicle sales and record finance lending, despite a goodwill write-down in its EC Credit division.