Latest Industrial Services News

Monadelphous Group Limited has reported a robust 35% increase in net profit for the 2025 financial year, alongside a 7% revenue rise, prompting a notable dividend hike.

RBR Group has successfully closed its Share Purchase Plan, raising $261,000 from shareholders, while initiating efforts to place a $329,000 shortfall over the coming months.

Ventia Services Group Limited has announced an ordinary dividend of AUD 0.1071 per share for the six months ending June 2025, with 90% franking, payable in October.

Southern Cross Electrical Engineering has announced over $110 million in new and renewed contracts, reinforcing its position in Australia’s infrastructure services and manufacturing sectors.

SGH Ltd reported solid FY25 results with EBIT rising 8% to $1.54 billion, supported by strong performances in Boral and WesTrac, alongside a 49% surge in operating cash flow. The company projects continued earnings growth in FY26 amid disciplined capital management and operational improvements.

SGH Ltd reported solid FY25 results with 8% EBIT growth, margin expansion, and a 17% dividend increase, setting a confident tone for FY26. The diversified industrial services group demonstrated robust cash flow and reduced leverage despite mixed divisional performances.

SGH Ltd reported a solid 12.6% rise in net profit for FY2025 alongside a dividend increase, reflecting steady growth despite key asset sales. The company’s net tangible asset backing per share surged, signaling strengthened balance sheet resilience.

WestStar Industrial’s subsidiary SIMPEC has landed a significant $11 million contract to expand Tianqi Lithium’s Kwinana hydroxide processing facility, reinforcing its role in Australia’s energy transition.

RBR Group Limited has launched a Share Purchase Plan to raise up to $650,000, offering eligible shareholders shares at a notably low price of $0.001 each. The funds will support a joint venture, repay convertible notes, and bolster working capital.

Ashley Services Group reports a slight dip in FY25 EBITDA amid Victorian project delays and funding cuts, opting to suspend dividends to focus on debt reduction and future growth.

Cleanaway Waste Management has secured regulatory approval to acquire Contract Resources, positioning itself as a leader in specialised industrial waste services. The deal, set to complete by the end of July, aims to accelerate growth in the decommissioning and remediation market.

The ACCC has approved Cleanaway’s acquisition of Contract Resources, finding no significant threat to competition in Australia’s industrial and waste management sectors. The decision highlights the resilience of competition, especially in the oil and gas services market.