Latest Manufacturing News

Schaffer Corporation reported a 16% rise in underlying net profit for FY25, driven by strong Automotive Leather and Delta divisions, while maintaining its dividend and appointing a new CEO to steer future growth.

Schaffer Corporation Limited reported a 1.5% increase in revenue to $229.7 million for FY2025, despite a 10.3% decline in net profit to $24.3 million. The company declared a fully franked final dividend of 45 cents per share, maintaining total dividends at 90 cents for the year.

VEEM Limited has achieved approved supplier status with Huntington Ingalls Newport News Shipbuilding, positioning itself to enter the US defence supply chain with anticipated RFQs in the first half of FY26.

RWC reported a 5.5% increase in FY25 net sales driven by the Holman acquisition, while adjusted EBITDA edged up 1.1% amid margin pressures. The company warns of tariff-related cost impacts in FY26, offset by ongoing cost savings and strategic adjustments.

Adrad Holdings reported a 5% decline in net profit for FY25 amid rising sales, while rewarding shareholders with an 18% increase in dividends.

Amaero Ltd reported a 470% revenue surge to $3.8 million for FY2025, driven by expanded production capacity and exclusive supply deals, while continuing to invest heavily in infrastructure and operations, resulting in a $24.4 million loss.

Amcor plc reported a 10% increase in net sales for fiscal 2025 following its merger with Berry Global Group, Inc., yet net income fell 30% amid significant integration expenses and higher debt costs. The company aims to unlock $530 million in synergies by 2028 while navigating global economic and operational risks.

Orora reported a solid FY25 with EBIT up 9.5% and NPAT rising 18%, driven by full-year Saverglass contribution and robust cans volume growth. The company completed its portfolio transformation by divesting OPS and is investing heavily in cans capacity amid a challenging global environment.

Orora Limited reported a 24.4% increase in FY25 revenue to A$2.09 billion, marking the completion of its strategic portfolio reshaping with the sale of its North American packaging business. The company advances sustainability targets while maintaining steady dividends and a share buyback program.

Amaero Ltd forecasts a dramatic revenue increase in Q1 FY2026 and strengthens its foothold with key defense collaborations, including Boeing.

VEEM Limited has renewed a six-year, $65 million contract to supply critical components for Australia's Collins Class submarines, reinforcing its long-standing defence partnership and projecting stronger financial performance in FY26.

Metro Performance Glass is set to strengthen its balance sheet and support its turnaround strategy through a $15 million to $24 million equity raise, with Amari Metals Australia poised to become the majority shareholder. This recapitalisation aims to reduce debt and improve operational focus amid challenging market conditions.