Latest Industrial Products News

Saferoads Holdings has divested its Road Safety Rentals business for $10.8 million, repaid debt, and is now focusing on rebuilding its core product sales with new hires and product innovation.

Eden Innovations has raised $4.35 million through a placement of shortfall shares, marking a key step in its financial reconstruction and global commercialisation plans.

Eden Innovations has raised $4.35 million through a placement of shortfall shares, marking a key step in its financial reconstruction and supporting expansion of its EdenCrete® and OptiBlend® products internationally.

Eden Innovations reports solid Q1 FY2026 sales growth with expanding EdenCrete® and OptiBlend® markets, alongside key US property sale developments aimed at debt reduction.

Saferoads Holdings Limited reported a solid quarterly profit of $346,000, driven by strong product sales including a key order from On-site Rentals. However, the company signals caution on sustaining profitability due to market uncertainties and inventory adjustments.

Ansell Limited has revealed unauthorized access to certain company data through vulnerabilities in licensed third-party software, with no disruption to operations. While most accessed data was non-sensitive, some confidential and personal information was involved.

Vulcan Steel has successfully closed its entitlement offer, raising A$87.1 million to fund the strategic acquisition of Roofing Industries Limited. The retail shortfall bookbuild sold shares at a premium, rewarding shareholders who did not fully participate.

Oldfields Holdings Limited reported a reduced net loss of $3.6 million for FY2025, improving from $7.3 million the previous year, despite ongoing working capital constraints and a costly product recall. The company is actively pursuing capital investment to replenish inventory and support recovery.

Vulcan Steel has successfully completed its institutional entitlement offer, raising A$59.4 million to fund the acquisition of Roofing Industries Limited. The retail entitlement offer opens next week, inviting eligible shareholders to participate under the same terms.

CleanSpace Holdings posted a robust 26% revenue increase in FY25, turning the corner to positive EBITDA and cash flow in the second half, driven by strong industrial market demand and operational efficiencies.

Vulcan Steel is set to acquire Roofing Industries for NZ$88 million, marking a strategic entry into New Zealand’s steel roofing market. The deal is backed by an A$87 million equity raise, positioning Vulcan for growth in building materials.

Vulcan Steel reported a sharp decline in profits for FY25 amid challenging economic conditions but managed to reduce net debt and push forward its hybrid site strategy.