Latest Utilities News

Locality Planning Energy (ASX:LPE) reversed losses to post a $2.31 million statutory profit in FY2026, driven by strategic acquisitions, improved earnings, and a strengthened balance sheet.

LTR Pharma is shifting gears from clinical trials to commercial rollout, securing US partnerships for ROXUS and reporting encouraging SPONTAN Phase II data that supports FDA approval ambitions.

Argo Global Listed Infrastructure (ASX: ALI) reported a robust FY2026 with total assets rising to $529 million and a record fully franked dividend of 10 cents per share. The portfolio outperformed benchmarks, driven by strong gains in electric utilities and midstream energy sectors amid AI-driven data centre demand.

Retail Food Group (ASX:RFG) posted a 10.7% revenue drop to A$127.9 million in FY26 but returned to profit with a statutory net profit of A$1.1 million, driven by cost rationalisation and operational improvements.

Veris Limited lifted revenue by 4.9% to $102 million in FY26, driven by digital and advisory growth, but statutory net profit fell 67% amid one-off costs and macroeconomic headwinds.

Meridian Energy (NZX:MEL) reported a strong turnaround in FY26 with a $130 million net profit after tax, driven by improved hydro and wind generation, retail growth, and strategic investments in renewable projects and grid flexibility.

Symal Group (ASX: SYL) delivered record FY26 results, surpassing $1 billion in revenue and completing four strategic acquisitions to diversify its infrastructure services platform.

Argo Global Listed Infrastructure posted a 24% profit decline to $39.5 million for FY2026 but declared a record fully franked dividend of 10 cents per share, supported by AI-driven data centre demand.

Pacific Edge’s draft Medicare Local Coverage Determination for its Cxbladder bladder cancer tests marks a pivotal step toward unlocking a $10.2 billion global market. Despite FY26 setbacks, the company is poised for growth with improved reimbursement prospects and strategic cost management.

H2G Limited trims its half-year loss by a third while advancing sodium-ion battery production and securing a $4.5 million sales pipeline. Strategic partnerships and government certification efforts aim to boost market adoption.

Ironbark Balanced Income Limited reported a 5.6% decline in net profit to $2.89 million for FY2026, while its investment portfolio delivered a solid 7.8% return, outperforming its benchmark and maintaining fully franked dividends.

Artrya Limited marked its first full year of US commercial operations with a $25.18 million loss, driven by regulatory clearances, customer contracts, and an $80 million capital raise.