Company’s pro forma EBITDA fell 2.8% to A$17.7 million SYDNEY: Adrad Holdings Ltd. (ASX: AHL), an Australian manufacturer of industrial heat transfer solutions and automotive aftermarket parts, reported an 8.9% rise in full-year revenue to A$153.1 million, despite a slight…
Operating profit rose 24.8% to A$5.2 million SYDNEY: 360 Capital REIT (ASX:TOT) reported a statutory profit of A$1.3 million for the fiscal year ended June 30, reversing a A$21.9 million loss in FY24, as stabilising asset values, active leasing and…
SYDNEY: EVT Limited (ASX: EVT) has announced the launch of EVT Connect Hospitality, a new third-party hotel brand management model, alongside its acquisition of Pro-invest Hotels, a move aimed at accelerating growth in the asset-light accommodation sector. The acquisition, valued…
MELBOURNE: Simonds Group Ltd. (ASX: SIO) on Monday reported a 90% year-on-year increase in normalised net profit after tax (NPAT) from continuing operations, reaching $5.7 million for the financial year ended June 30, 2025, driven by margin improvements and strategic…
Samsung narrows gap as Apple’s U.S. smartphone market share slips to 49% Samsung is making a bold comeback in the U.S. smartphone market, fueled by a surge in shipments and the launch of cutting-edge foldable devices that are turning heads—and…
Dow Jones outperforms on UnitedHealth surge NEW YORK: The S&P 500 edged lower on Friday, taking a breather after scaling an all-time peak earlier in the session, as investors cashed in on gains following a robust week. The broad market…
LONDON: Aterian plc (LSE: ATN), a critical mineral exploration and development company, has signed a pioneering Memorandum of Understanding with a stealth-stage machine learning start-up spun out from the University of Cambridge. The start-up, backed by the Royal Academy of…
LONDON: Vaultz Capital plc (AQSE:V3TC), a digital asset operating company, has appointed Aleksander (“Aleks”) Nowak as Chief Operating Officer (COO), effective immediately. The role is non-Board. Nowak will oversee core business functions and drive operational efficiency, aligning the company’s strategic…
SYDNEY: Autocycle International Pty Ltd has acquired key operational assets of Entyr Limited’s Stapylton tyre recycling facility for A$450,000, administrators said on Friday, as the insolvent company continues its restructuring process. The transaction, completed by Alvarez & Marsal Australia, includes…
MELBOURNE: Articore Group Ltd (ASX: ATG), operator of global online marketplaces Redbubble and TeePublic, posted its first positive fourth-quarter EBIT in five years, driven by aggressive cost-cutting and operational consolidation. The company reported a fourth-quarter gross profit margin of 49.7%,…
LONDON: Active Energy Group has signed Heads of Terms with Fonmon Castle Ltd to develop a 150-megawatt Battery Energy Storage System (BESS) in the Vale of Glamorgan, marking a strategic advance in the company’s renewable energy ambitions. Under the agreement,…
LONDON: As stated at the interim results, Associated British Foods plc (“ABF”) has been evaluating a range of strategic options for Allied Bakeries, its UK bakery business. Profitability at Allied Bakeries has been increasingly challenged in recent years by a…