Latest Market Outlook News

Sequoia Financial Group will release its half-year FY25 financial results on 27 February 2025, accompanied by an investor webinar hosted by its CEO and CFO.

IGNITE Limited reports a striking 189% jump in statutory profit for H1 FY25, even as revenue slips 7%, underscoring a successful turnaround strategy and a strong balance sheet.

Adriatic Metals has announced a A$80 million equity raising aimed at fast-tracking the expansion of its Vares Silver Operation in Bosnia and Herzegovina, supporting increased production capacity and strengthening its balance sheet.

Big River Industries reports a 3.3% revenue decline in 1H FY25 but shows signs of operational resilience and strategic progress amid challenging market conditions.

Monadelphous Group Ltd reported a robust first half of FY2025 with revenue climbing 4.2% to $1.051 billion and net profit after tax surging 41.3%, underpinned by a strong contract pipeline and operational improvements.

Carbonxt Group Limited has initiated a $2 million Share Purchase Plan following successful capital raises, aiming to bolster its Kentucky activated carbon facility as it nears commercial production.

Raiden Resources has completed an extensive aircore drilling program at its Arrow Gold Project, revealing promising gold and arsenic anomalies that hint at significant mineral potential. The joint venture partner Mallina Co Pty Ltd is set to advance follow-up studies to refine targets.

GWA Group Limited reported a 1.9% revenue increase and a 3.2% rise in normalized EBIT for the half year ended December 2024, alongside a 7.1% lift in its interim dividend, reflecting disciplined execution despite tough market conditions.

BlueScope Steel reported steady revenue of $8.59 billion for the first half of FY2025, maintaining solid earnings despite challenging raw material costs and subdued housing demand. The company’s diversified operations and ongoing capital investments underpin its resilience amid market headwinds.

BlueScope Steel’s half-year results for December 2024 reveal a sharp 63% decline in underlying NPAT amid lower steel spreads and rising costs, yet the company raises its interim dividend and extends its share buy-back program, signaling confidence in a recovering second half.

Embelton Limited reported a notable 25.4% decline in revenue for the half-year ended December 31, 2024, yet managed a 23% increase in net profit, underscoring effective cost controls amid a challenging construction market. The company declared an interim dividend consistent with the prior period, signaling confidence despite subdued outlook.

Toys"R"Us ANZ Limited announces the immediate resignation of CEO Penny Cox, with Chair Kelly Humphreys and Executive Director Teresa Smith stepping in as interim leaders while a search for a new CEO is underway.