Latest Profitability News

Southern Cross Electrical Engineering’s subsidiary Heyday has lost a $22 million arbitration claim related to the WestConnex M5 tunnel project, forcing a major write-off and a steep cut to FY26 earnings guidance.

Evion Group has landed a significant A$1.5 million order to supply expandable graphite to a major US graphite supply chain company, reinforcing its position as a trusted non-Chinese supplier amid growing demand.

Big River Industries Ltd (ASX, BRI) is set to acquire John’s Building Supplies, a leading Western Australian distributor, in a $17 million deal that promises immediate earnings accretion and strategic growth in the WA market.

Atomos Limited has exercised 259.8 million options, raising $7.8 million to reduce its debt and boost confidence in hitting $23–25 million sales and positive EBITDA in the first half of 2026.

Metcash Limited’s FY26 half-year results reveal steady revenue amid tobacco sales decline, driven by growth in foodservice, liquor, and hardware segments alongside digital marketplace expansion.

Metcash Limited reported steady FY26 half-year results with modest revenue growth, strong cash flow, and resilience amid tobacco sales decline. The company’s digital B2B marketplace 'Sorted' is rapidly expanding, underpinning future growth prospects.

Metcash Limited reported a marginal rise in sales revenue to $8.48 billion for 1H26, with underlying EBITDA up 2% driven by Food pillar growth, while EBIT declined 2.4% amid challenges in Liquor and Hardware segments. The Board declared an interim fully franked dividend of 8.5 cents per share.

Whitefield Industrials Limited has announced a fully franked ordinary dividend of AUD 0.105 per share for the half-year ending September 2025, alongside shareholder reinvestment options.

Paragon Care Limited is set to acquire Indonesian medical aesthetics leader Haju Medical for A$70 million, aiming to boost its footprint across Asia Pacific and accelerate growth in the aesthetics sector.

NEXTDC has reported a significant 29% increase in contracted utilisation to 316MW, prompting a $400 million rise in FY26 capital expenditure guidance to support accelerated capacity expansion.

AUB Group has ended acquisition talks with EQT and CVC after the consortium declined to proceed with a $45 per share offer. The company reaffirms its FY26 earnings guidance and signals confidence in its organic growth strategy.

Alara Resources is transitioning its Al Wash-hi project to production, targeting over $100 million in revenue for 2025 amid rising global copper demand. Exploration advances in Oman signal further growth potential.