Yesterday, PWR Holdings Ltd (ASX: PWH) reported record group revenue of $170.7 million, up 31%, and statutory NPAT of $17.9 million, up 83.2% for FY26.

What did PWR Holdings report?

• Revenue: $170.7 million, up 31.2% on the prior year
• Statutory NPAT: $17.9 million, up 83.2%
• EBITDA: $40.7 million, up 59.6%
• NPAT margin: 10.5%, up by 3 percentage points
• Final dividend: 5.0 cents per share, up from 2.0 cps
• Cash conversion: 104.9%, with free cash flow of $10.6 million

What else do investors need to know?

PWR delivered strong top-line growth, driven mainly by Motorsports (up 45%) and Aerospace & Defence (up 31%). Operating leverage improved, with margin expansion as the newly completed Stapylton facility enabled greater volumes and efficiency.

The company finalised its Australian factory move and invested in capability upgrades, including entry into the European market with a new Poland facility due to open in FY27. The Aerospace & Defence order book surged to $40 million, with PWR securing a follow-on US Government contract.

PWR continues to scale its engineering and production teams, now employing over 700 people globally. Investment in research and development grew to $14.9 million, supporting next-generation cooling technologies.

What did PWR Holdings management say?

Chief Executive Officer Sharyn Williams said:

Our record results reflect the strength of our technology and the dedication of our people. The momentum in Aerospace & Defence demonstrates the success of our strategic investments, and our new European base positions us well for further international growth.

What’s next for PWR Holdings?

Looking ahead, PWR expects its higher revenue baseline to be maintained in FY27, with Aerospace & Defence as the main growth driver. A phased start-up of the new Poland facility will support the company’s ambitions in the expanding European defence market, with FY27 investment and start-up costs expected to reduce NPAT by less than $1 million.

The board expects margin recovery to continue, aiming for a 2% statutory NPAT margin improvement in FY27. Growth is likely to be supported by greater automation, improved product mix, and expansion in both global motorsports and aerospace sectors.

PWR Holdings share price snapshot

Over the past 12 months, PWR Holdings shares have risen 26%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post PWR Holdings reports record FY26 earnings and European expansion appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended PWR Holdings. The Motley Fool Australia has positions in and has recommended PWR Holdings. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Yesterday, Service Stream Ltd (ASX: SSM) announced it has secured two contracts with Transport for Victoria worth $144 million over their initial five-year terms.

What did Service Stream report?

• Secured two Intelligent Transport Systems (ITS) maintenance contracts with Transport for Victoria
• Total contract value is $144 million over initial terms
• Each contract has a five-year initial term, with two possible two-year extensions
• Contracts cover maintenance, program management, and network operations support

What else do investors need to know?

The new contracts—the Victoria West ITS Maintenance Contract and the Motorway Communications Network Contract—expand Service Stream’s work in the Victorian transport sector. Work under both contracts is expected to commence in the fourth quarter of 2026.

The agreements further strengthen Service Stream’s annuity-style revenue base, boosting the company’s maintenance portfolio and providing improved visibility on future cash flows. This builds on Service Stream’s long-term customer relationships and capabilities in critical network management.

What did Service Stream management say?

Managing Director Leigh Mackender said:

The award of these two long-term maintenance agreements reinforces Service Stream’s position as a leading provider of transport technology and network maintenance services. The award further strengthens the Group’s maintenance portfolio and bolsters annuity-style work-in-hand revenues.

What’s next for Service Stream?

Service Stream expects work on these new contracts to commence in late 2026. The company will focus on seamless delivery and operational excellence while seeking additional growth opportunities in transport and network services.

Investors may watch for further contract wins or updates on integration and performance, as Service Stream aims to solidify its role in supporting Victoria’s critical infrastructure.

Service Stream share price snapshot

Over the past 12 months, Service Stream shares have risen 22%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post Service Stream Limited wins two $144m Transport for Victoria contracts appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

When it comes to superannuation, it pays to have a target in mind when you’re putting money away for the future.

As the old adage says, failing to plan is planning to fail.

The good news is that even if you start relatively late, there are strategies you can use to boost your super to a level where it will afford you a comfortable retirement.

How much superannuation do you need for $1500 per week in passive income?

Today we’re looking at the scenario where you are aiming to generate $1500 per week in passive income from your superannuation.

So to start with, is this considered a comfortable retirement? The short answer is yes.

The Association of Superannuation Funds of Australia has calculated how much is needed for singles and couples to have a comfortable retirement, and the figures come out at $55,923 for singles and $78,566 per year for couples.

These figures assume you own your own home and will draw a part pension, but they are well under the $1500 per week, or $78,000 per year level we are looking at.

So, how much superannuation would you need to generate this amount?

Let’s assume you can generate a 10% return on your investments. In this case, you’d need a $780,000 superannuation balance.

If you were generating just 5% you would need a balance of $1.56 million.

I’d argue that somewhere in the middle is achievable over time. So if you were generating a 7.5% return, you’d need a balance of $1.04 million.

What shares might help you achieve your passive income goal?

In terms of the shares you might want to have in your portfolio, you could look at listed investment trusts such as Charter Hall Retail REIT (ASX: CQR), which brokers expect to pay a return of better than 6% through to 2030, or Dexus Industria REIT (ASX: DXI), which is currently paying a healthy 6.97% yield.

Alternatively, financial services company Regal Partners Ltd (ASX: RPL) is paying a fully franked 7.42%.

Among the Wilson Asset Management funds, WAM Strategic Value Ltd (ASX: WAR) is paying a yield of 5.65%, while WAM Active Ltd (ASX: WAA), recently increased its dividend and is paying out 6.94%.

Among the banks, Westpac Banking Corp (ASX: WBC) is paying 4.35% fully franked, while Bank of Queensland Ltd (ASX: BOQ) is paying 6.19% also fully franked.

Among Australian blue-chip stocks, Telstra Ltd (ASX: TLS) is paying 4.39%, and miner BHP Group Ltd (ASX: BHP) is paying 3.19%.

How to increase your superannuation balance

If you’re keen to increase your superannuation balance, investigate the viability of making extra concessional contributions up to the $32,500 cap, with these contributions taxed at just 15%.

The $32,500 cap includes any contributions from your employer and amounts contributed through salary sacrifice.

If your superannuation balance was under $500,000 in the last financial year, you can also carry forward up to five years’ worth of unused concessional contribution amounts. You can find out how much you can contribute under this rule by logging in to your myGov account.

Non-concessional contributions of up to a further $130,000 can be made each year also.

The post How much is needed in superannuation for $1500 in weekly passive income? appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Charter Hall Retail REIT and Telstra Group. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.