Latest Industrial Services News

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ALS Limited has successfully completed a $350 million institutional placement, issuing 21 million new shares to fund key laboratory upgrades and maintain financial flexibility. The company also launched a $40 million share purchase plan to further support its growth ambitions.
Victor Sage
Victor Sage
28 May 2025
ALS Limited has announced an ordinary dividend of AUD 0.197 per share for the half-year ending March 2025, payable in July with flexible currency options for shareholders worldwide.
Victor Sage
Victor Sage
27 May 2025
ALS Limited delivered a robust FY25 performance with 16% revenue growth to $3 billion and underlying EBIT rising 4.7% to $515 million, driven by strong organic growth and strategic acquisitions. The company is advancing its Nuvisan integration ahead of schedule and has unveiled a $230 million investment plan to expand key laboratories, positioning itself for sustained growth amid market uncertainties.
Victor Sage
Victor Sage
27 May 2025
ALS Limited reported a robust FY25 with $3 billion revenue driven by Life Sciences growth and resilient Commodities, announcing a $350 million equity raise to fund strategic expansion.
Victor Sage
Victor Sage
27 May 2025
ALS Limited reported a 16% revenue increase to nearly $3 billion in FY2025, driven by acquisitions and organic growth, while underlying net profit after tax dipped slightly. The company announced a $350 million equity raise to fund expansion and sustainability initiatives.
Victor Sage
Victor Sage
27 May 2025
WestStar Industrial’s subsidiary SIMPEC has landed a $17 million contract to deliver key construction works for a pioneering lithium refining plant in Western Australia, marking a significant step in Australia’s energy transition.
Victor Sage
Victor Sage
21 May 2025
SGH Ltd has reaffirmed its FY25 guidance for high single-digit EBIT growth while targeting a net debt to EBITDA ratio of 2.0x by year-end, underpinned by disciplined capital allocation and operational improvements across its diversified industrial, energy, and media businesses.
Victor Sage
Victor Sage
21 May 2025
Monadelphous Group Limited has landed a suite of new contracts worth approximately $180 million across Western Australia's resources, energy, and infrastructure sectors, reinforcing its strong foothold in the region.
Victor Sage
Victor Sage
16 May 2025
Babylon Pump & Power Limited has announced an accelerated non-renounceable entitlement offer to raise approximately $3.5 million, aimed at completing a key acquisition and supporting its working capital needs. The offer invites existing shareholders to subscribe for new shares at $0.004 each on a 7-for-20 basis.
Victor Sage
Victor Sage
14 May 2025
Kelsian Group signals a cautious FY25 outlook with EBITDA tracking at the lower end of guidance, while advancing strategic tourism divestments and securing key contract renewals.
Victor Sage
Victor Sage
7 May 2025
Boom Logistics reports robust 3Q FY25 results with revenue and profit gains led by renewables projects, while pausing its share buy-back after meeting targets.
Victor Sage
Victor Sage
5 May 2025
Acrow Limited has acquired Brand Australia and Above Scaffolding, significantly boosting its Industrial Access division in New South Wales. Despite short-term contract delays impacting FY25, the company remains optimistic about future growth and synergy opportunities.
Victor Sage
Victor Sage
30 Apr 2025