Latest Sustainable Growth News

Premier Investments reported a 31% jump in net profit to $338.2 million for FY25, driven by the sale of Just Group and a $1.03 billion fully franked In-Specie Distribution to shareholders. Continuing operations showed a profit decline amid strategic brand investments.

New Zealand King Salmon reports a $20.8 million net loss for the half-year ending July 2025, driven by biological asset write-downs, while maintaining EBITDA guidance and advancing key growth initiatives.

CDC, Infratil’s data centre arm, has locked in approximately 100MW of new contracted capacity, reinforcing strong demand driven by cloud and AI workloads in Australasia. This milestone supports CDC’s target to double FY25 earnings by FY27.

Cash Converters International Limited has reported robust FY25 results, driven by strategic store acquisitions and a pivot to longer-term, lower-cost lending products. The company is expanding its global footprint and luxury retail offerings while maintaining strong shareholder returns.

Tower Limited has renewed its FY26 reinsurance programme with lower premium expenses and enhanced catastrophe coverage, signaling strong financial resilience amid evolving risk landscapes.

Myer Group posted modest sales growth in FY25, buoyed by the Apparel Brands acquisition, but faced profitability challenges from operational disruptions and macroeconomic pressures. The Group is advancing its omni-channel strategy and cost management initiatives while addressing National Distribution Centre issues.

Clover Corp has reported a standout FY25 with robust revenue and profit growth, driven by new product launches and strategic investments that strengthen its global supply chain and market reach.

Clover Corporation Limited has reported a robust financial year ending July 2025, with revenue climbing 38% and net profit soaring to $7 million. The company also announced a higher fully franked final dividend, reflecting its strengthened financial position.

SiteMinder's 2025 Investor Day presentation highlights its Smart Platform's progress, AI-driven hotel revenue tools, and reiterates a strong FY26 outlook with ambitions for accelerated growth.

Saunders International appoints Angelo De Angelis as CEO effective October 2025, succeeding Mark Benson who will support the transition through 2026. This leadership change signals a steady hand guiding the company’s next growth phase.

ReNerve Limited has launched its Empliq tissue product range in the US, marking a strategic expansion into the growing dermal and amniotic tissue market. The launch complements its existing nerve repair portfolio and sets the stage for further growth.

Streamplay’s subsidiary Noodlecake Studios has launched Flick Shot Rogues on Steam, achieving the top spot in the Popular Upcoming Games chart and strong community traction ahead of its official release.