The Lovisa Holdings Ltd (ASX: LOV) share price looks like an excellent long-term opportunity after seeing the growth numbers from its FY26 result.

Lovisa is a global retailer of affordable jewellery across numerous countries worldwide. Impressively, it has stores on every continent and has an excellent outlook, in my view.

Lovisa may not be a tech stock, but few names on the ASX have such a wide geographic reach, with plenty of growth potential to come.

Lots of store growth

The company continues to expand its global store network at an impressive pace, which is driving the overall business.

In FY26, the company reported a 10.2% year-over-year rise of its global store count to 1,136.

There was a net increase in stores over the year in Australia, Vietnam, South Africa, Zambia, the UK, Ireland, Spain, Germany, Belgium, the Netherlands, Switzerland, the USA, Canada and the Middle East and Africa franchise.

It’s growing in a number of markets, and this is helping increase its presence and scale there.

The business actually closed 43 underperforming stores during the financial year, as well as relocating a further 12 stores. It’s continuing to focus on store profitability – where landlords don’t provide a profitable rent, it is willing to close that store.

Its FY26 comparable store sales grew by 2%, with an acceleration to 3% growth in the first eight weeks of FY27. I think this shows the business can continue to expand, while maintaining profitability with its existing stores.

Impressive financial growth

Compounding is a very powerful force, and if Lovisa continues growing its store count by around 10% (or more) a year, it’s on course for a very profitable future.

In FY26, Lovisa’s revenue grew 17.6%, gross profit rose 18.4%, operating profit (EBITDA) climbed 20.9%, and net profit after tax (NPAT) increased 10.7%. Net profit rose more slowly than EBITDA because of store rollout costs.

But I think the benefits of the store rollout will be reflected in the bottom line in the coming years.

I believe that Lovisa’s net profit can continue growing at a double-digit compound annual growth rate (CAGR) in the coming years, which will help increase the value of Lovisa’s shares.

I’m optimistic the company can grow strongly in Europe and North America in the coming years.

Rewarding cash payouts

The company is steadily increasing its payout to investors, which is helping boost cash returns, even before considering what could happen to the Lovisa share price over the next few years.

In the FY26 result, Lovisa hiked its annual dividend per share by 11.7% to 86 cents. That translates into a dividend yield of 3.1%, excluding any franking credits.

I expect the dividend will continue to grow alongside net profit in the coming years, so the yield for today’s investors could grow significantly by the end of the decade.

The post Why I think the Lovisa share price is an excellent long-term buy right now appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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 Lovisa. The Motley Fool Australia has recommended Lovisa. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Tivan Ltd (ASX: TVN) share price is in focus today after the company announced it has commenced a large-scale drone magnetic survey at its Turiscai and Baucau Projects in Timor-Leste. The survey covers 57 square kilometres and aims to sharpen priority drilling targets for copper and gold, building on previously reported high-grade copper and gold mineralisation from rock chip and stream sediment sampling.

What did Tivan report?

• Launched a large-scale drone magnetic survey over ~57 km² at Turiscai and Baucau Projects.
• The survey includes high-definition magnetic, LiDAR and photogrammetric data collection.
• Previous assays at Turiscai returned up to 23.1% Cu and 7.19g/t Au, and at Baucau up to 0.76% Cu and 9.3g/t Au.
• Survey work managed by PT Geologi Eksplorasi Indonesia with local Timor-Leste partners to encourage local participation.
• The survey will help refine targets for planned drilling campaigns.

What else do investors need to know?

Tivan’s use of drone-based technology marks a step up from previous exploration by delivering improved spatial resolution in magnetic data. This will help better define geological structures and mineralisation zones under cover, particularly where regional datasets could not provide enough detail for drill targeting.

The company has also entered a joint venture for the Baucau Project with state-owned Murak Rai Timor E.P., reinforcing local collaboration and laying the groundwork for longer-term development of Timor-Leste’s mineral sector.

Following completion of the current magnetic survey, advanced data processing and geological modelling will focus on pinpointing high-priority targets for the next phase of on-ground exploration and eventual drilling.

What did Tivan management say?

Mr Grant Wilson, Executive Chairman, said:

Today’s announcement marks a new phase of Tivan’s journey in Timor-Leste, moving beyond surface sampling and stream sediments, to the deployment of cutting-edge drone technology in this emerging and very special country.

In taking this step, we aim to refine and specify multiple drilling targets, enabling Tivan to secure the relevant regulatory approvals in good time, so that we may commence maiden drilling at Baucau and Turiscai this year.

This is an ambitious agenda.

With the trust we have established locally, including with our joint venture partner, Murak Rai Timor EP, along with the dedication of our world-class team, we will deliver.

What’s next for Tivan?

Tivan aims to use the new high-resolution survey data to upgrade its geological models and better target high-grade mineralisation at Turiscai and Baucau. Once the data is processed and interpreted, the company plans to advance priority exploration sites to drill-ready status, pending regulatory approvals.

The partnership with local and international geoscience teams demonstrates Tivan’s commitment to innovation and responsible resource development, with eyes set on maiden drilling within the current year.

Tivan share price snapshot

Over the past 12 months, Tivan shares have risen 130%, outperforming the All Ordinaries Index (ASX: XAO).

View Original Announcement

The post Tivan launches drone magnetic survey at Timor-Leste copper-gold projects 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.

Atlas Arteria Group (ASX: ALX) share price is in focus after the company posted a statutory net loss after tax of $73.3 million for the first half of 2026, mainly due to non-operating costs, while underlying net profit after tax rose to $94.3 million, up 29% on the prior period.

What did Atlas Arteria report?

• Statutory net loss after tax: $(73.3) million (H1 2025: $73.3 million profit)
• Underlying net profit after tax: $94.3 million (up 29% from H1 2025)
• Proportional toll revenue: $917.5 million (down 3.9%)
• Proportional EBITDA: $702.6 million (down 3.6%)
• Operating free cash flow per security: 19.1 cps (down 1.5%)
• Interim distribution: 20.0 cps; full-year guidance reaffirmed at 40.0 cps

What else do investors need to know?

Atlas Arteria’s results were weighed down by one-off costs tied to settling the Chicago Skyway Ontario Teachers’ Pension Plan put option and costs related to the unsolicited takeover offer from IFM. Excluding these, the company’s operational results proved fairly resilient despite foreign exchange headwinds weighing on revenue and cash flow.

IFM’s takeover saw its stake in Atlas Arteria lift from 34.5% to 67.4%. The board says it remains committed to its strategy and is now engaging closely with IFM to deliver value for all securityholders. The company also completed extinguishing the Chicago Skyway put option, funded by new corporate debt.

Atlas Arteria reported progress on legislative reform in Virginia, where changes are set to streamline future rate cases for its Dulles Greenway business. There were also steady operational metrics across its European and North American assets.

What did Atlas Arteria management say?

Hugh Wehby, Chief Executive Officer, said:

Our results for H1 2026 were affected by a number of non-operating costs, as well as unfavourable foreign exchange movements. Excluding these items, the underlying performance of our businesses was stable. The IFM Takeover Offer was significant for Atlas Arteria and our securityholders. As a result of the Takeover Offer, IFM’s relevant interest is now around 67%, and the Boards and management remain focused on delivering value for all securityholders.

What’s next for Atlas Arteria?

Atlas Arteria reaffirmed its 2026 full-year distribution guidance of 40.0 cps, with the interim distribution set at 20.0 cps for payment in October 2026. The group says it will continue to align distributions with free cash flow, paying out 90–110% of free cash flow on a full-year basis.

Looking ahead, the company is focusing on optimising its global toll road portfolio, unlocking cash flow at the Dulles Greenway, and preparing for French concession retenders. Management will update 2027 distribution guidance with its February 2027 results.

Atlas Arteria share price snapshot

The Atlas Arteria share price has underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of almost 11%.

View Original Announcement

The post Atlas Arteria H1 2026 earnings: profit swings on one-offs, guidance held appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro 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.