Category: Stock Market

  • Elders sells Killara Feedlot in $195.8m deal

    A farmer in a regional area uses the internet, while his cows watch on.

    The Elders Ltd (ASX: ELD) share price is in focus today after the company announced it has agreed to sell its Killara Feedlot business to Australian Meat Group for approximately $195.8 million. Killara contributed $12.1 million to underlying EBIT in FY25, and the sale is expected to deliver significant balance sheet benefits.

    What did Elders report?

    • Entered into agreement to sell 100% of Killara Feedlot for a total consideration of ~$195.8 million
    • Killara contributed $12.1 million to underlying EBIT in FY25
    • Non-working capital assets valued at $45.5 million as at 30 September 2025
    • Elders holds $107.4 million in carried forward capital tax losses, fully offsetting any capital gain from the sale
    • Sale expected to complete before 30 June 2026, subject to regulatory approval

    What else do investors need to know?

    The agreement covers 100% of shares in Killara Feedlot Pty Ltd, which operates on 1,402 hectares and can process up to 62,000 head of cattle annually. The deal includes $122.0 million cash and normalised working capital, mainly cattle inventory, valued at $73.8 million at 30 September 2025.

    Elders plans to use the sale proceeds to reduce net debt, targeting a return to sub 2.0 times accounting leverage. The company forecasts the annualised impact on its earnings per share will be less than a 1% reduction. Upon completion, Killara will be reported as a discontinued operation and asset held for sale in Elders’ HY26 statements.

    What did Elders management say?

    Elders Managing Director and Chief Executive Officer, Mark Allison said:

    Killara has long been a successful and valuable part of Elders’ Products and Services Portfolio. We feel for Killara to continue to grow and develop as a blue chip operation, it is appropriate for it to move to a more natural owner, and we have found this in AMG. The sale at this time supports our value creation strategy for Elders’ shareholders. We thank Killara management and its employees for their contribution to Elders.

    What’s next for Elders?

    Completion of the Killara sale is subject to approval from the Foreign Investment Review Board and ACCC, with Elders expecting this to finalise before 30 June 2026. Once completed, the company will apply proceeds to lower its net debt, improving future balance sheet flexibility.

    Elders notes that its core strategy remains focused on value creation for shareholders. The company’s operational structure will adjust to reflect the divestment, and management has highlighted minimal impact on ongoing earnings.

    Elders share price snapshot

    Over the past 12 months, Elders shares have risen 5%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

    View Original Announcement

    The post Elders sells Killara Feedlot in $195.8m deal appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Elders Limited right now?

    Before you buy Elders Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Elders Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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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 recommended Elders. 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.

  • Why Yancoal shares are sinking 10% despite record production in FY25

    Hand holding out coal in front of a coal mine.

    Shares in Yancoal Australia Ltd (ASX: YAL) are under pressure on Thursday after the coal producer released its full-year results for 2025.

    In late morning trade, the Yancoal share price is down 10.55% to $5.51. Despite today’s pullback, the stock remains up around 10% in 2026 amid more supportive coal prices.

    Here is what the company reported for the year ended 31 December 2025.

    Record output, but prices weigh on earnings

    Yancoal delivered record production in FY25. Run-of-mine coal production rose 7% to 67 million tonnes on a 100% basis. Attributable saleable production increased 5% to 38.6 million tonnes, toward the top end of guidance.

    However, lower realised coal prices drove weaker financial results.

    Revenue fell 13% to $5.95 billion. The average realised coal price declined 17% to $146 per tonne, reflecting softer thermal and metallurgical coal markets compared to the prior year.

    Operating EBITDA dropped 44% to $1.437 billion, with the margin contracting to 24%. Net profit after tax (NPAT) came in at $440 million, down 64% year on year.

    The company noted that lower prices flowed through directly to EBITDA and net profit.

    Costs remain controlled

    While prices fell, costs were stable.

    Cash operating costs were $92 per saleable tonne, down 1% from FY24 and below the midpoint of guidance. The implied cash operating margin was $39 per tonne.

    Management said higher production volumes, mine plan optimisation, and equipment utilisation helped offset cost inflation and temporary shipping-related costs earlier in the year.

    Looking ahead to 2026, Yancoal has guided to attributable saleable production of 36.5 to 40.5 million tonnes. Cash operating costs are expected to range between $90 and $98 per tonne, allowing for some inflation.

    Strong balance sheet supports dividend

    Yancoal ended the year with $2.1 billion in cash and no interest-bearing loans. Net cash has been maintained since the end of 2022 following significant debt repayments in prior years.

    Operating cash flow for FY25 was $1.26 billion.

    The board declared a fully-franked final dividend of $0.1220 per share, representing $161 million. This brings total dividends for FY25 to 55% of full-year profit after tax.

    The dividend is scheduled to be paid on 15 April 2026.

    Coal market backdrop

    Thermal coal markets were marked by strong supply and relatively soft demand conditions through much of 2025. Metallurgical coal demand was also subdued, partly due to softer global steel conditions.

    However, management pointed to improving coal price benchmarks more recently. Industry forecasts continue to show resilient demand across parts of Asia, with supply growth constrained by reserve run-down and limited new project development.

    Given its scale, low-cost operations, and net cash balance sheet, Yancoal is well placed to manage ongoing price volatility.

    Whether today’s share price weakness proves temporary may depend on how coal prices track through 2026.

    The post Why Yancoal shares are sinking 10% despite record production in FY25 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Yancoal Australia Ltd right now?

    Before you buy Yancoal Australia Ltd shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Yancoal Australia Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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    Motley Fool contributor Aaron Teboneras 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.

  • Super Retail Group lifts sales, grows club members in 1H26 earnings

    Beautiful young couple enjoying in shopping, symbolising passive income.

    The Super Retail Group Ltd (ASX: SUL) share price is in focus after the company reported first-half sales climbing 4.2% to $2.2 billion, while normalised NPAT declined 6.8% to $121.9 million.

    What did Super Retail Group report?

    • Group sales up 4.2% to $2.2 billion
    • Group like-for-like sales rose 2.5%
    • Normalised NPAT down 6.8% to $121.9 million; statutory NPAT of $104.1 million
    • Segment EBITDA up 2.2% to $402 million
    • Fully franked interim dividend of 32 cents per share
    • Online sales up 9% to $312 million

    What else do investors need to know?

    Super Retail Group’s brands delivered varied performances, with Macpac outpacing the group at 13.1% sales growth, while BCF saw modest gains amid challenging weather conditions in some regions. Active club membership grew 8% to 13 million, now accounting for a bigger share of sales, pointing to growing customer engagement.

    Store network changes saw 16 new openings and 10 closures, with ongoing investment in omni-channel capabilities and a new national distribution centre in Truganina, Victoria, expected to drive future efficiencies. The balance sheet remains solid with no drawn bank debt and $108 million cash.

    What did Super Retail Group management say?

    Group Managing Director and CEO Paul Bradshaw said:

    Super Retail Group delivered first half sales growth of four per cent—a solid outcome considering the competitive retail environment and challenging conditions, notably for rebel and BCF, during the period. We were pleased with the continued momentum from Supercheap Auto, delivering steady growth, market share gains in its core auto category, and benefiting in market from the new Spend & Get loyalty program… I would like to acknowledge the dedication and contribution of our 16,000 team members, whose efforts have been central to delivering this result.

    What’s next for Super Retail Group?

    The company is planning 12 new store openings in the second half of FY26 and is progressing major projects such as the new distribution centre and HR/payroll systems. Early trading in the second half has seen positive sales momentum, with like-for-like sales up 3.5% and total sales rising 5% over the first eight weeks, suggesting ongoing resilience.

    Super Retail Group targets capex of $155 million in FY26, focused on network expansion and digital investment. Management remains confident its strong balance sheet positions it well for both investment opportunities and navigating competitive market dynamics.

    Super Retail Group share price snapshot

    Over the past year, the Super Retail Group shares have risen 6%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

    View Original Announcement

    The post Super Retail Group lifts sales, grows club members in 1H26 earnings appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Super Retail Group Limited right now?

    Before you buy Super Retail Group Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Super Retail Group Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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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 Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail 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.

  • This ASX 200 tech stock is up 5% on results and ‘unprecedented demand’

    a group of three cybersecurity experts stand with satisfied looks on their faces with one holding a laptop computer while he group stands in front of a large bank of computers and electronic equipment.

    NextDC Ltd (ASX: NXT) shares are pushing higher in morning trade on Thursday.

    At the time of writing, the ASX 200 tech stock is up 5% to $14.71.

    Why are NextDC shares rising?

    The ASX 200 tech stock is gaining ground this morning after releasing its half-year results following the market close on Wednesday.

    According to the release, the data centre operator reported record half-year revenue, with net revenue rising 13% to $189.2 million and total revenue increasing 13% to $231.8 million.

    Underlying EBITDA climbed 9% to $115.3 million, while the company reduced its net loss after tax by 8% to $39.4 million.

    A key highlight was the surge in contracted utilisation, which increased 137% over the past 12 months to 416.6MW. The company’s forward order book now stands at 296.8MW, which management expects will progressively ramp into billing between FY 2026 and FY 2029, underpinning future revenue and earnings growth.

    NextDC’s CEO, Craig Scroggie, described the step change in activity as the culmination of years of positioning the company to capture extraordinary demand. He commented:

    The step change in the scale of the Company’s activities over the past six months represents the culmination of many years of work to position NEXTDC to capture the unprecedented demand and reflects our reputation for delivering on time and at scale. Our record forward order book is expected to drive a material uplift in revenues and earnings as we deliver this capacity across the period to FY29.

    Expansion accelerating

    NextDC revealed that it invested $1.285 billion in capital expenditure during the half, focused on developments including S3 Sydney, M3 Melbourne, and KL1 Kuala Lumpur, as well as other expansion activities.

    Importantly, the company upgraded total planned capacity at key projects, including M3 Melbourne from 200MW to 225MW and S4 Sydney from 300MW to 350MW.

    The company also added 33MW of built capacity during the half across NSW/ACT and Victoria.

    With liquidity of $4.2 billion at 31 December and plans to launch a subordinated notes offering in the coming days, NextDC appears well funded to continue its expansion.

    Outlook

    NextDC has reaffirmed its guidance for FY 2026. It continues to expect net revenue of $390 million to $400 million and underlying EBITDA of $230 million to $240 million.

    However, it upgraded capital expenditure guidance to a range of $2.4 billion to $2.7 billion, up from the previous $2.2 billion to $2.4 billion range, reflecting the acceleration of its planned inventory expansion.

    Mr Scroggie adds:

    NEXTDC remains on track to deliver another record financial performance in FY26 on the back of exceptional sales and strong financial performance in 1H26. With total liquidity of A$4.2 billion, record forward order book and record sales pipeline, the Company remains in an outstanding position to take advantage of further customer growth opportunities.

    The post This ASX 200 tech stock is up 5% on results and ‘unprecedented demand’ appeared first on The Motley Fool Australia.

    Should you invest $1,000 in NEXTDC Limited right now?

    Before you buy NEXTDC Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and NEXTDC Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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    Motley Fool contributor James Mickleboro has positions in Nextdc. 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.

  • Perpetual posts higher earnings and tight cost control for 1H26

    young woman reviewing financial reports at desk with multiple computer screens

    The Perpetual Ltd (ASX: PPT) share price is in focus today after the company reported a 12% lift in underlying profit after tax (UPAT) to $112.7 million and a 2% rise in revenue for the half year ended 31 December 2025.

    What did Perpetual report?

    • Operating revenue of $697.9 million, up 2% on 1H25
    • Underlying profit after tax (UPAT) of $112.7 million, up 12%
    • Net profit after tax (NPAT) of $53.9 million, up 349% year-on-year
    • Interim dividend of $0.59 per share, unfranked
    • Asset Management UPBT of $106.9 million (up 4%), Corporate Trust UPBT of $49.0 million (up 11%)
    • Simplification Program delivered $60 million in annualised cost savings so far

    What else do investors need to know?

    Perpetual kept expense growth tightly controlled at 1%, and its Board reaffirmed full-year expense guidance at 1–2%. Cost savings from the company’s Simplification Program are on track for $70-80 million annually by FY27, with $60 million already achieved.

    Talks with Bain Capital Private Equity for the potential sale of the Wealth Management business are advancing, though there’s no binding agreement yet. Meanwhile, Wealth Management’s funds under advice grew 6% despite profit pressure.

    What did Perpetual management say?

    Perpetual CEO and Managing Director Bernard Reilly said:

    Perpetual delivered a solid first half, with revenue and double-digit underlying profit growth driven by the strength of our diversified business model including Asset Management and Corporate Trust, while Wealth Management continued to show resilience as the sale process continued.

    What’s next for Perpetual?

    Looking ahead, Perpetual plans to keep simplifying its operations to increase focus and reduce costs, supporting sustainable long-term growth. The company remains disciplined in expense management, while investing in new products and innovation within Asset Management.

    Discussions with Bain Capital about selling the Wealth Management division are ongoing, with the company committed to keeping shareholders informed as things progress.

    Perpetual share price snapshot

    Over the past 12 months, Perpetual shares have declined 24%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

    View Original Announcement

    The post Perpetual posts higher earnings and tight cost control for 1H26 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Perpetual Limited right now?

    Before you buy Perpetual Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Perpetual Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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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.

  • An ASX dividend stalwart every Australian should consider buying

    Person handing out $50 notes, symbolising ex-dividend date.

    There are a few ASX dividend stalwarts that I’d suggest putting in a passive income-focused portfolio. One of those is the business L1 Long Short Fund Ltd (ASX: LSF).

    L1 Long Short Fund Ltd is a listed investment company (LIC) that is managed by the fund manager L1 Group Ltd (ASX: L1G). LICs generate accounting profits for their financials by making investment returns from a portfolio of shares.

    L1 Long Short Fund invests in both ASX shares and international shares, while utilising both long-term investing and short-selling strategies. Short-selling means betting that a share price will go down.

    Using that strategy, the ASX dividend stalwart is able to generate returns regardless of whether the market is going up or down.

    Excellent investment returns

    Past returns are not a guarantee of future returns, of course. But, at the same time, an investment manager with a history of strong outperformance is worth paying attention to.

    I’d describe L1 Long Short Fund as being a contrarian investor with a willingness to invest in businesses with a lower price/earnings (P/E) ratios accompanied by confidence of solid earnings growth.

    As of January 2026, the sectors that had delivered the most returns using this investment strategy were (in order of biggest returns): ASX mining shares, then industrials, communication services, utilities and financials. Considering the recent performance of many tech names, it’s probably a good thing the LIC has largely avoided long-term investing in the technology sector.

    Giving its latest view on the ASX share market and global stock market, L1 wrote in the January 2026 update:

    We believe the Australian equity index is relatively fully valued, with several large cap stocks, particularly within the ASX20, trading well above historical multiples and global peers. Encouragingly, we are continuing to find numerous undervalued stocks, where we see a far more compelling combination of strong earnings growth, shareholder-friendly management, conservative balance sheets and significant valuation support.

    We continue to believe that infrastructure, gold, U.S. cyclicals, uranium and ‘quality value’ stocks provide some of the best opportunities globally. Given the enormous outperformance of high P/E stocks in recent years and over the past decade, we are finding more compelling opportunities in ‘Value’ stocks. We believe low P/E stocks will strongly outperform high P/E stocks (in general) over the coming 1-2 years, which the portfolio is well positioned to benefit from.

    I like getting exposure to a range of investments to generate my investment returns, and I like that this ASX dividend stalwart looks at a variety of sectors that may not necessarily be my own preferred hunting ground.

    Since inception in April 2018 to January 2026, the LIC’s portfolio delivered an average return per year of 15.1%. Over the seven years to January 2026, it returned an average of 21.5%. I’m not expecting the returns to be that strong in the years ahead, but it shows how well the LIC has been able to perform.

    These returns have funded pleasing dividends.

    ASX dividend stalwart credentials

    It has increased its half-year dividend per share each year since FY21 and it’s aiming to increase its dividend each year for investors. It has already built up a large accounting profit reserve that can fund rising dividends for years to come.

    The business recently switched to paying quarterly dividends to investors, providing more frequent cash flow for bank accounts.

    Its combined FY26 first quarter and second quarter dividend (totalling 7.1 cents per share) is 13.6% higher than the FY25 first-half dividend. If the business continues increasing its FY26 quarterly dividend by 0.1 cents per share in the next two quarters, its FY26 annual payout will be 14.6 cents per share, translating into a grossed-up dividend yield of 4.7%, including franking credits.

    That’s not a huge starting dividend yield, but I think the payout will progressively grow from here, making it a very appealing ASX dividend stalwart for the long-term.

    The post An ASX dividend stalwart every Australian should consider buying appeared first on The Motley Fool Australia.

    Should you invest $1,000 in L1 Long Short Fund Limited right now?

    Before you buy L1 Long Short Fund Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and L1 Long Short Fund Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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    Motley Fool contributor Tristan Harrison has positions in L1 Long Short Fund. 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.

  • Capricorn Metals declares maiden dividend and record profit

    Female miner standing smiling in a mine.

    The Capricorn Metals Ltd (ASX: CCM) share price is in focus today after the company posted record first-half results, including a maiden 5 cents per share fully franked interim dividend.

    What did Capricorn Metals report?

    • Sales revenue up 64% to $350.1 million from the sale of 59,816 ounces of gold at an average price of $5,842 per ounce
    • Underlying net profit after tax up 130% to $144.8 million
    • Underlying EBITDA rose 101% to $215.3 million with a 62% margin
    • Cash flow from operating activities up 141% to $204.5 million
    • Net cash position increased to $440.8 million
    • Maiden fully franked interim dividend of 5 cents per share ($22.8 million) declared

    What else do investors need to know?

    Capricorn Metals delivered a strong operational result at its Karlawinda Gold Project (KGP), producing 62,794 ounces at an all-in sustaining cost (AISC) of $1,627 per ounce. The company is on track to achieve the upper end of its full-year guidance of 115,000 to 125,000 ounces at an AISC of $1,530–$1,630 per ounce.

    During the half, Capricorn advanced growth at the Karlawinda Expansion Project, investing $44.5 million, and progressed exploration and feasibility work at the Mt Gibson Gold Project. The group also completed the acquisition of Warriedar Resources, adding potential new resources in the Golden Range and Fields Find regions.

    What did Capricorn Metals management say?

    Capricorn Executive Chairman Mark Clark said:

    Capricorn delivered another strong half year of operations at Karlawinda, generating record cash flow from operations of $204.5 million and record underlying EBITDA of $215.3 million. This performance continued to bolster the balance sheet, with the net cash position increasing to $440.8 million. Underpinned by this financial strength and the consistently strong operating cashflow of the KGP, the board has declared a maiden fully franked dividend. This dividend is a milestone for Capricorn and reflects the Company’s focus on delivering shareholder returns whilst we pursue our industry leading growth projects.

    What’s next for Capricorn Metals?

    Looking ahead, Capricorn is fully funded to advance both the Karlawinda Expansion and Mt Gibson developments while maintaining a strong net cash position. The Karlawinda expansion is expected to enter commissioning in the first quarter of FY27, which could lift gold production to around 150,000 ounces per year.

    At Mt Gibson, the company is finalising permitting and continuing resource definition drilling, which could unlock further underground mining opportunities. Capricorn says it remains committed to building on its multi-mine, mid-tier Australian gold producer ambitions.

    Capricorn Metals share price snapshot

    Over the past 12 months, Capricorn Metals shares have risen 80%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

    View Original Announcement

    The post Capricorn Metals declares maiden dividend and record profit appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Capricorn Metals Ltd right now?

    Before you buy Capricorn Metals Ltd shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Capricorn Metals Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 20 Feb 2026

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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.

  • Worley posts HY26 results

    A couple sit in their home looking at a phone screen as if discussing a financial matter.

    The Worley Ltd (ASX: WOR) share price is in focus today as the company reported half-year 2026 results, highlighting 5.4% revenue growth to $6.31 billion and a steady underlying EBITA at $377 million, supported by strong project bookings and ongoing transformation efforts.

    What did Worley report?

    • Aggregated revenue of $6,312 million, up 5.4% on the prior corresponding period
    • Underlying EBITA rose 0.3% to $377 million; underlying EBITA margin excluding procurement increased to 8.8%
    • Underlying NPATA of $207 million, down 4.2%; statutory NPATA of $152 million, down 29.6%
    • Interim dividend of 25 cents per share declared (unfranked)
    • Normalised cash conversion ratio of 95.5%
    • Backlog of $16.7 billion with bookings of $9.8 billion, up 63% on previous half

    What else do investors need to know?

    Worley continues to benefit from its global reach and growing presence across energy, resources, and chemicals, with energy now contributing half of aggregated revenue and resources showing the strongest growth. The company is actively managing its cost base, incurring $82 million in transformation expenses this half, and expects annual cost savings of over $100 million from FY27.

    A $324 million on-market share buy-back has been completed since March 2025, reflecting strong capital management and confidence in future prospects. The Board also reaffirmed its commitment to returning capital to shareholders via the interim dividend.

    Bookings for major projects reached a record $9.8 billion, supported by recent wins across LNG, carbon capture, mining, and energy infrastructure. Worley’s healthy $16.7 billion backlog and a robust pipeline of future opportunities underpin management’s confidence in delivering stable earnings.

    What did Worley management say?

    Chief Executive Officer and Managing Director Chris Ashton commented:

    Solid revenue growth and resilient earnings define this result. Worley continues to win the confidence of our customers as their capital investments adjust to global conditions. These results show once again our adaptability in the face of dynamic markets.

    What’s next for Worley?

    Looking to FY26, management is targeting moderate growth in both aggregated revenue and underlying EBITA, with a focus on higher-margin work and expanding end-to-end project delivery. The company expects its transformation and restructuring initiatives to yield material cost savings from FY27, further strengthening earnings resilience.

    Worley is also set to pursue opportunities in growth markets beyond its traditional energy, chemicals, and resources base—supported by digital innovation and the scale of its integrated global operations.

    Worley share price snapshot

    Over the past 12 months, Worley shares have declined 17%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

    View Original Announcement

    The post Worley posts HY26 results appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Worley Limited right now?

    Before you buy Worley Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Worley Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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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.

  • Neuren Pharmaceuticals shares paused ahead of company announcement

    a woman wearing a dark business suit holds her hand up in a stop gesture while sitting at a desk. She has a sombre look on her face.

    Neuren Pharmaceuticals Ltd (ASX: NEU) share price trading has been temporarily paused, pending a further announcement from the company, according to today’s ASX market release.

    What did Neuren Pharmaceuticals report?

    • Trading in Neuren Pharmaceuticals shares has been paused by the ASX from 26 February 2026.
    • The company is yet to issue a further announcement explaining the reason for the pause.
    • No financial or operational results were reported in this particular market release.
    • Investors are awaiting more information from Neuren Pharmaceuticals management or the ASX.

    What else do investors need to know?

    A trading pause generally means the company is preparing a significant update or announcement. Until this announcement is made, shares will not trade on the ASX.

    This could relate to a range of matters including financial results, a capital raise, or a market-sensitive development affecting the Neuren Pharmaceuticals share price.

    What’s next for Neuren Pharmaceuticals?

    Investors should keep a close eye on the ASX platform for Neuren’s next update. The pause will likely be lifted once the expected announcement is released.

    We’ll bring you the latest as soon as more details become available.

    Neuren Pharmaceuticals share price snapshot

    Over the past 12 months, Neuren Pharmaceuticals shares have declined 3%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

    View Original Announcement

    The post Neuren Pharmaceuticals shares paused ahead of company announcement appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Neuren Pharmaceuticals Limited right now?

    Before you buy Neuren Pharmaceuticals Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Neuren Pharmaceuticals Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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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.

  • 2 ASX growth shares I invested in last week with $4,000

    A young man goes over his finances and investment portfolio at home.

    The ASX growth share space has been hammered over the past few months, particularly names that have a significant technology element to their business. I decided to take advantage of the cheap prices I was seeing.

    AI may well be a problem for a few different business models. But, the effect may take a lot longer to play out, impacts may not be as widespread, and incumbent businesses may be able to utilise AI to their advantage.

    Following significant sell-offs of a number of businesses that I’m bullish about, I decided to put $4,000 into the following two names. I’m just as optimistic about their long-term prospects as I was a year ago.

    Siteminder Ltd (ASX: SDR)

    This software business provides software for many thousands of hotels around the world, generating tens of billions of dollars of reservations. Siteminder (and Little Hotelier) helps hotels operate more efficiently and generate more revenue.

    Siteminder has a goal to increase its organic annual recurring revenue (ARR) by 30% per year in the medium-term. It has introduced a number of additional, profit-boosting modules for hotels which add a lot more data and analysis for clients, even offering tools to allow automatic room price changes throughout the year, depending on the level of demand.

    Due to the software nature and operating leverage of its offering, I’m expecting long-term profit margin growth as long as cost growth is contained and its market share continues rising.

    When I invested, the ASX growth share was down approximately 50% from 29 October 2025, which I think represents a huge decline for a business growing so quickly.

    With profitability and cash flow increasing over time, I think the business has great tailwinds at increasing its underlying value, even if it trades on a lower price/earnings (P/E) ratio (or price to revenue ratio) than it used to. I think it could deliver strong returns over the next three or four years.

    Temple & Webster Group Ltd (ASX: TPW)

    Temple & Webster is another tech-related business that has been sold off heavily in recent months. It had dropped around 40% since 26 November 2026, making it look a lot cheaper.

    Its FY26 half-year result didn’t impress the market, despite 20% revenue growth to $376 million. FY26 second half trading to 9 February 2026 showed revenue growth of 20%. Home improvement revenue rose 47% to $30 million, which I think bodes well for future growth in this segment.

    I think homewares, furniture and home improvement revenue could all benefit from growing online shopping adoption by Australian (and New Zealand) consumers.

    The ASX growth share’s total addressable market (TAM) is large, which gives the business a big target to aim at and a significant growth runway. I like how much it’s investing in growth activities, customer value and technology. While that may hamper profitability in the short-term, I think it’s the better choice for the long-term for its success.  

    Operating leverage could lead to the business significantly increasing its profit margins in the future, particularly if it can capture a useful market share in New Zealand, where it has just started selling items.

    In five years, I think its market share and profit margins could be considerably larger.

    The post 2 ASX growth shares I invested in last week with $4,000 appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now…

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    Motley Fool contributor Tristan Harrison has positions in SiteMinder and Temple & Webster Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended SiteMinder and Temple & Webster Group. The Motley Fool Australia has positions in and has recommended SiteMinder. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.