Latest Strategic Reviews News

Peet Limited reports a robust 60% jump in net operating profit for FY25, driven by strong sales and market conditions, while initiating a strategic review to capitalize on growth opportunities in FY26.

Peet Limited reported a robust FY25 with a 60% surge in net profit after tax and declared a higher fully franked dividend, underpinned by strong sales and improved capital management. The company is also undertaking a strategic business review while navigating leadership transitions.

Super Retail Group reported record FY25 sales of AUD 4.07 billion, driven by store expansion and online growth, while statutory net profit declined 7.6% amid margin and cost pressures. The Board signals a strategic review to guide growth through 2030.

Alliance Aviation Services reported a robust 19% revenue increase to $769.7 million in FY25, driven by fleet expansion and strong operational performance. The company’s strategic investments and contract growth set a positive tone for FY26.

Alliance Aviation Services Limited reported a 19% revenue increase to $760.9 million in FY2025, while net profit after tax slipped 5% to $57.3 million amid operational challenges. The company declared a fully franked dividend of 3.0 cents per share and expanded its fleet to 79 aircraft.

Perpetual Limited is set to record a significant $153.7 million non-cash impairment for FY25, largely driven by challenges in its J O Hambro boutique. This move underscores ongoing asset outflows but leaves liquidity intact.

Novomatic AG has launched an unconditional A$1.00 per share cash takeover offer for all remaining shares in Ainsworth Game Technology Limited, representing a 35% premium to pre-announcement prices. The offer runs alongside a previously announced scheme and comes with unanimous support from Ainsworth's Independent Board Committee.

Opthea Limited has terminated its sozinibercept wet AMD program following Phase 3 trial failures and settled a major funding agreement, setting the stage for a strategic reset.

Retail Food Group Limited reported a 1.7% rise in FY25 underlying EBITDA to $29.6 million, driven by strong growth in Beefy’s Pies and a strategic pivot towards Firehouse Subs in Australia. The company is also considering divesting Brumby’s Bakery amid portfolio reshaping.

Fletcher Building reported a $419 million net loss for FY25 on softer demand and legacy costs but halved its net debt to $999 million through strategic capital management and divestments.

Opthea has successfully settled its Development Funding Agreement, avoiding a potential $680 million liability and securing $20 million in cash. Leadership changes include the CEO and CFO stepping down, with the Chairman assuming CEO duties.

AnteoTech has mutually terminated its A$1.4 million Queensland government grant to avoid costly co-investment, opting instead for cheaper third-party testing to advance its Ultranode™ battery technology.