Latest Utilities News

Lindsay Australia Limited reported a 5.6% revenue increase to A$849.8 million for FY25 but saw net profit after tax fall 36.2% to A$17.39 million. The company declared a fully franked final dividend of 1.5 cents per share and strengthened its national refrigerated logistics footprint through key acquisitions.

X2M Connect has successfully completed an oversubscribed capital raise, securing $5.4 million to strengthen its balance sheet and accelerate growth across Asia and the Middle East.

Centaurus Metals Limited has opened a Share Purchase Plan (SPP) to raise up to AUD 3 million by offering shares at a 20% discount, accompanied by free attaching options. This initiative complements a recent $20 million placement to institutional investors and aims to fund key nickel and copper projects in Brazil.

Cynata Therapeutics has entered a five-year At-the-Market Subscription Agreement with Acuity Capital, enabling access to up to $7.5 million in standby equity capital with full discretion over timing and pricing.

Guzman Y Gomez Limited has announced a fully franked ordinary dividend of AUD 0.126 per share for the financial year ending June 2025, signaling steady shareholder returns.

Credit Clear Limited has reported a remarkable turnaround in FY25, posting record revenue growth and a return to profitability driven by its innovative AI-powered debt resolution platform.

Vysarn Limited reported a robust 40% increase in revenue to $106.5 million for FY2025, driven by key acquisitions and national expansion. The company’s profit after tax rose 34%, underscoring its growing footprint in Australia’s water infrastructure sector.

Australian Vintage Limited reported a strong FY25 with significant profit growth despite flat revenue, underpinned by innovation and cost-cutting initiatives. The company aims for positive free cash flow in FY26, propelled by global brand expansion and operational efficiencies.

Symal Group is set to acquire Locale Civil for up to $35 million, securing a $230 million civil works contract and enhancing its earnings from the first year. This move strategically expands Symal’s footprint in Australia’s utilities infrastructure sector.

BPH Global Ltd reports a robust 50.9% increase in seaweed sales for July 2025, driven by strong domestic demand in Indonesia and plans to expand internationally.

Eureka Group Holdings reports robust FY25 results with double-digit revenue and profit growth, boosted by strong rental demand and strategic acquisitions. The company signals continued expansion and operational efficiency improvements ahead.

Downer EDI Limited reported a robust FY25 with a 33% rise in underlying NPATA and announced a $230 million share buy-back, underscoring confidence in its transformation and growth outlook. The company’s disciplined portfolio simplification and operational improvements set the stage for steady FY26 performance despite short-term market softness.