The FleetPartners Group Ltd (ASX: FPR) share price is in focus after the company shared an update on multiple indicative takeover proposals, including a new consortium offer of $3.85 per share in cash.

What did FleetPartners report?

• Received four non-binding, conditional acquisition proposals from separate parties, including SG Fleet, Element, ORIX, and a Sumitomo-led consortium.
• Latest proposal from the Sumitomo Consortium values FleetPartners at $3.85 per share in cash.
• Board agreed to provide all parties—including Sumitomo Consortium—with limited commercial and financial due diligence access.
• No dividends or other distributions to be declared, proposed or paid after the date of the proposal, as a condition of the consortium’s offer.
• Board remains open to engaging with new or revised proposals that benefit shareholders.

What else do investors need to know?

FleetPartners has made it clear that each proposal remains indicative and subject to further due diligence and negotiation. The Company’s board has not recommended any proposal at this stage, nor has it entered into binding agreements with any party.

Discussions are ongoing, and all potential transactions are subject to mutually accepted confidentiality agreements and further assessment. FleetPartners emphasised that there is no certainty any offer—including the latest consortium proposal—will proceed to a binding agreement.

What’s next for FleetPartners?

The board will continue to assess and engage with all interested parties to pursue outcomes in the best interests of shareholders. FleetPartners has reminded investors that shareholders do not need to take any action at this time.

Looking ahead, the company will provide updates in line with ASX continuous disclosure requirements as the process develops. Shareholders are encouraged to stay tuned for further information as offers progress.

FleetPartners share price snapshot

Over the past 12 months, FleetPartners shares have risen 51%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post FleetPartners shares in focus after multiple takeover offers appeared first on The Motley Fool Australia.

More reading

• FleetPartners opens due diligence to would-be buyers as Board considers proposals
• FleetPartners receives $3.60 takeover proposal from SG Fleet

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.

The Duratec Ltd (ASX: DUR) share price is in focus today after the company reported a record order book of $650.8 million, up 67% on last year, and a record normalised EBITDA of $58.5 million, up 10.5% on FY25.

What did Duratec report?

• Order book reached a new high of $650.8 million (up 67% year-on-year)
• Revenue of $570.3 million, steady compared to FY25
• Normalised EBITDA increased 10.5% to $58.5 million, with EBITDA margin up to 10.3%
• Net Profit After Tax rose 4.1% to $23.8 million
• Final fully franked dividend declared at 2.5 cents per share, total for FY26 at 4.25 cents
• Strong cash position of $78.8 million at 30 June 2026

What else do investors need to know?

Duratec delivered growth across several business areas, especially in Building & Facade, which achieved record revenue and margin improvements. Its Energy segment also expanded via acquisitions and strong project delivery, including international work in Papua New Guinea. The Defence, Mining & Industrial, and Emerging Sectors businesses reported strong pipelines and improved gross margins, despite some revenue variation due to project timing.

The company further broadened its portfolio with targeted acquisitions, growing expertise in technical advisory, asset integrity and new-build facade construction. Notably, Duratec’s equity interest in DDR Australia helped ramp up indigenous employment and supply chain participation, supporting long-term social and commercial outcomes.

What did Duratec management say?

Duratec’s Managing Director, Chris Oates, said:

FY26 was another year of solid operational performance for Duratec. While revenue was broadly in line with the prior year, we delivered record EBITDA, NPAT and EBITDA margin through disciplined project selection, strong project execution and the continued expansion of our self-perform capability

During the year we continued to strengthen the Group through targeted acquisitions, enhancing our capability across fuel infrastructure, asset integrity, specialist coatings, fabrication, engineering and decommissioning. These investments broaden our participation across the asset lifecycle and position Duratec to capture a larger share of growing maintenance, integrity and sustainment markets.

Importantly, we enter FY27 with a record order book of $650.8m, reflecting a number of strategically significant projects secured during FY26 now progressing into delivery, a diversified pipeline of opportunities and a strong balance sheet. Combined with increasing recurring revenue through Master Service Agreements and annuity-style contracts, we believe Duratec is well positioned to capitalise on opportunities across its key markets and continue creating long-term value for shareholders.

What’s next for Duratec?

Looking ahead, Duratec enters FY27 with a record work pipeline and high recurring revenue streams supporting a resilient earnings outlook. Key projects—such as the HMAS Stirling Diamantina Wharf upgrade, mining maintenance, and decommissioning contracts in Australia and PNG—will drive activity in the coming year.

Management remains positive on demand across core sectors, with favourable long-term conditions expected in Defence, Energy, mining asset remediation, and infrastructure upgrades. The company’s growing role in the asset lifecycle, plus new and recurring client agreements, puts it in a strong position for sustainable growth and value creation.

Duratec Limited share price snapshot

Over the past 12 months, Duratec shares have risen 44%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post Duratec reports record order book and dividend boost in FY26 earnings appeared first on The Motley Fool Australia.

More reading

• Duratec secures $70 million in new contracts across sectors

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.

The Netwealth Group Ltd (ASX: NWL) share price is in focus today after the company reported a record net profit after tax (NPAT) of $135.4 million, up 16.2%, and a fully franked final dividend of 21.0 cents per share.

What did Netwealth Group report?

• Total income rose 20.6% to $391.1 million
• EBITDA increased 18.0% to $192.9 million with a margin of 49.1%
• NPAT (excluding First Guardian expenses) was $135.4 million, up 16.2%
• Full-year dividend lifted 9.1% to 42.0 cents per share
• Funds Under Administration (FUA) hit $135.7 billion, up 20.3%
• Client accounts increased 12.4% to 182,276

What else do investors need to know?

Netwealth continued to record strong platform revenue growth across all key streams, with revenue per account up 6.7% year on year. Management pointed to strength in managed accounts, which saw funds under management surge 27.9% to $34.6 billion, cementing their role as a key growth engine.

Investments were deliberately stepped up in FY26, especially in technology, AI capabilities, product development, and supporting higher operational headcount. Netwealth also expanded its adviser and private wealth footprint, launching new capabilities such as Individual HIN and announcing a partnership with Morgan Stanley Wealth Management Australia.

What did Netwealth Group management say?

Netwealth’s CEO, Matt Heine, commented:

FY26 was a strong year for Netwealth. We delivered record Funds Under Administration, strong gross inflows, continued market share gains and attractive earnings growth, while maintaining our disciplined approach to investment and execution. Throughout the year, we continued to invest in our people, technology, governance, product capability and operational capacity. These investments are strengthening our competitive position, enhancing the client and adviser experience, and increasing our ability to support future growth.

What’s next for Netwealth Group?

Looking ahead to FY27, Netwealth is targeting FUA net flows of $18–20 billion, up as much as 30% on FY26 levels, along with an expected EBITDA margin of approximately 47%. The company’s strategic goal is to double its FUA over four years (the Dx30 ambition).

Netwealth will continue investing in technology, artificial intelligence, and client experience to maintain its growth momentum, expand into new markets and support increasing adviser and client demand.

Netwealth Group share price snapshot

Over the past 12 months, the Netwealth Group share price has significantly underperformed the S&P/ASX 200 index (ASX: XJO) with a decline of almost 40%.

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The post Netwealth Group FY26 earnings: Record profits, platform and adviser growth 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 positions in and has recommended Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. 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.