Tag: Stock pick

The SiteMinder Ltd (ASX: SDR) share price is in focus today after the company lifted adjusted EBITDA by 96.5% to $28.1 million and grew revenue 22% (constant currency, organic) to $266.1 million in FY26, highlighting strong profitability and expansion of its Smart Platform.

What did SiteMinder report?

• Revenue up 22.0% (cc, organic) to $266.1 million (reported growth 18.6%)
• Adjusted EBITDA up 96.5% to $28.1 million; margin expanded to 10.6%
• Net loss improved to ($11.3) million, down from ($24.5) million in FY25
• Annual recurring revenue (ARR) grew 24.1% (cc, organic) to $313.7 million
• Adjusted free cash flow more than doubled to $10.5 million
• Transaction revenue up 34% (cc, organic); Smart Platform adoption surged

What else do investors need to know?

SiteMinder delivered this performance despite a stronger Australian dollar and ongoing global travel challenges. Over 85% of customer billings are in foreign currencies, making constant currency metrics a clearer guide to underlying results.

Smart Platform products saw rapid adoption. Dynamic Revenue Plus supported over 50,000 hotel rooms, Channels Plus grew its hotel count by 43% year-on-year, and ARPU climbed 9.3% (constant currency, organic) to $429. Net property additions brought SiteMinder’s total to 56,000 global hotel customers.

Improved margins reflected disciplined Smart Platform investment and broader use of AI. Lifetime value (LTV) increased, as did LTV/CAC ratio, while adjusted group gross margin reached 67.2%.

What did SiteMinder management say?

CEO and Managing Director Sankar Narayan said:

SiteMinder’s FY26 performance builds on three years of sustained progress. Subscription and transaction ARR growth have exceeded 15% and 30%, respectively, on a constant-currency and organic basis in each of those years, while adjusted EBITDA has improved by more than $50 million with margins expanding from negative 14.5% to positive 10.6%. This demonstrates the strength and scalability of our business and provides a durable foundation for continued growth and margin expansion. With continued momentum across the Smart Platform, a strong product pipeline and go-to-market engine, and significant opportunities to apply AI across our operations and product suite, we are well positioned to build on our strong performance and create long-term value for shareholders.

What’s next for SiteMinder?

Looking ahead, SiteMinder expects its adjusted EBITDA margin to keep expanding in FY27 and reach the mid-20% range by FY30. ARR is targeted to continue growing in the 20% range (CAGR) over the next four years, fueled by strong Smart Platform uptake and AI-driven efficiencies.

Management is rolling out further optimisation features for the Smart Platform and new B2B distribution support, aiming to deepen customer adoption and broaden global reach. AI use is set to accelerate across both product and internal operations, supporting ongoing margin gains and scalable growth.

SiteMinder share price snapshot

Over the past 12 months, SiteMinder shares have declined 30%, trailing the All Ordinaries Index (ASX: XAO).

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The post SiteMinder: FY26 profit nearly doubles, revenue jumps 22% appeared first on The Motley Fool Australia.

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• 3 excellent ASX shares I would buy and hold for 10 years or more

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 SiteMinder. The Motley Fool Australia has positions in and has recommended SiteMinder. 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.

BHP Group Ltd (ASX: BHP) shares have delivered some outsized gains over the past year.

In Monday afternoon trade, shares in the S&P/ASX 200 Index (ASX: XJO) mining giant were changing hands for $67.41 apiece. That sees the share price up an impressive 56.3% in 12 months, smashing the 1.6% one-year returns posted by the benchmark index.

And we shouldn’t leave out the two fully franked BHP dividends, totalling $2.431 a share, that BHP paid – or shortly will pay – to eligible stockholders.

The miner will pay out its final dividend of $1.392 on 23 September. BHP shares trade ex-dividend on 3 September. And with the company’s profits up 9% year-on-year to AU$13.7 billion, that final payout is up 51.5% from the FY 2025 final BHP dividend.

Which brings us back to our headline question.

BHP shares: Buy, hold or sell?

Red Leaf Securities’ John Athanasiou recently ran his slide rule over the Aussie mining giant (courtesy of The Bull).

“This high-quality company offers exposure to global resources,” he said.

Commenting on BHP’s FY 2026 results, Athanasiou said, “The company posted attributable profit of US$9.8 billion in full year 2026, up 9% on the prior corresponding period. Revenue of US$58.8 billion was up 15%.”

And Athanasiou sounded a bullish note on BHP’s growing copper exposure.

“The company’s copper portfolio is positioned to benefit from electrification, renewable infrastructure, power grid investment and data centre growth,” he said.

Indeed, BHP shares have gotten support as the copper price has rocketed more than 69% over the last year, recently trading for US$14,216 per tonne.

That saw BHP report a 48% year on year increase in underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) from its copper division to US$18.2 billion, despite a 3% decline in copper production to 1.95 million tonnes.

It also saw copper contribute 54% of BHP’s full year earnings.

But Athanasiou is less optimistic about the global iron ore market.

“However, BHP remains heavily exposed to iron ore, leaving earnings sensitive to Chinese demand and commodity price movements,” he said.

Recently trading for US$95 per tonne, the iron ore price is down around 6% over the past 12 months.

BHP reported FY 2026 underlying EBITDA from its iron ore division of US$14.5, up 1% year-on-year.

Connecting the dots, Athanasiou issued a hold recommendation on BHP shares.

He concluded:

The quality of BHP’s asset base, balance sheet and diversified portfolio leaves existing shareholders with little reason to sell. However, after a solid run, prospective investors may be better served waiting for a potentially more attractive entry point.

The post With profits surging to $13.7 billion, are BHP shares a buy, hold or sell now? appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben 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 BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The GenusPlus Group Ltd (ASX: GNP) share price is in focus today after the company delivered record revenue of $1.281 billion, surging 70.5% year on year, and normalised EBITDA of $100.8 million, up by nearly 50%.

What did GenusPlus Group report?

• Revenue was $1.281 billion, up 70.5% from FY2025’s $751.3 million
• Normalised EBITDA grew 49.6% to $100.8 million
• Underlying NPAT rose 44% to $54.7 million
• Operating cash inflow reached $194.0 million
• Total dividends for FY2026 were 5.6 cents per share, fully franked, up 55.6%
• Orderbook sits at $2.2 billion (excluding recurring revenue)

What else do investors need to know?

GenusPlus finished the financial year with a strong cash balance of $476 million, boosted by a successful $195.6 million equity raise completed in May 2026. The funding supported the acquisition of MPK, which was completed on 1 July 2026, further strengthening GenusPlus’ east coast presence and broadening its service offering.

The company also reported ongoing integration of recent acquisitions, including MPK and Commtel. These integrations are progressing as planned, with the MGC integration nearing completion and Commtel now operating under an improved management structure. GenusPlus continues to prioritise safety, achieving a Total Recordable Injury Frequency Rate of 2.6 for FY2026

What did GenusPlus Group management say?

Managing Director David Riches said:

The business has delivered exceptional results in FY2026 with record revenue, EBITDA and NPAT. Additionally, the group continued to see a very strong orderbook with significant renewable energy and Rewiring the Nation projects moving into execution… Our staff are our key asset to drive the success of Genus.

What’s next for GenusPlus Group?

GenusPlus is forecasting continued strong growth, with an EBITDA target of $200–205 million for FY2027. The company also expects recurring revenue to reach around $764 million next year, thanks to contributions from MPK. The business believes it is well positioned to benefit from Australia’s energy network transition and increased demand from the data centre market.

Looking ahead, GenusPlus plans to keep investing in its east coast operations, explore more merger and acquisition opportunities, and continue growing its capabilities in gas, water, and rail. Its orderbook and pipeline of tendered work suggest further momentum for the business.

GenusPlus Group share price snapshot

Over the past 12 months, GenusPlus shares have risen 91%, significantly outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post GenusPlus Group FY26 earnings: Record results and outlook appeared first on The Motley Fool Australia.

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• SiteMinder: FY26 profit nearly doubles, revenue jumps 22%
• With profits surging to $13.7 billion, are BHP shares a buy, hold or sell now?
• Cedar Woods reports record earnings and targets 15% FY27 profit growth
• Ramelius Resources share price on watch amid 79% surge in Ore Reserves
• 3 reasons why the Zip share price could be a great buy

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 GenusPlus Group. The Motley Fool Australia has recommended GenusPlus 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.

The Cedar Woods Properties Ltd (ASX: CWP) share price is in focus today as the company posted a record net profit after tax (NPAT) of $65.6 million for FY26, up 36% on last year, and announced a fully franked final dividend of 25.0 cents per share.

What did Cedar Woods report?

• Record FY26 NPAT of $65.6 million, up 36% from $48.1 million in the previous year
• Full-year revenue rose to $502.4 million, up from $465.9 million (an increase of 8%)
• Record earnings per share of 77.9 cents, up 33% on prior year
• Fully franked final dividend of 25.0 cents per share declared, bringing total FY26 dividends to 39.0 cents, up 34%
• Record presales of $830 million at 30 June 2026, representing more than 90% of forecast FY27 revenue
• Strong balance sheet with $120 million in available liquidity and gearing at 18%

What else do investors need to know?

Cedar Woods reported a notable increase in enquiries and sales, with gross sales up 5% for FY26 and net sales also rising 5% to hit new highs. Presales provide substantial earnings visibility for FY27, reducing near-term risk.

The company also strengthened its development pipeline with acquisitions in Western Australia, Victoria, and Queensland, adding more than 1,100 new lots and units. In addition, a new WA acquisition after year end allowed expansion of its Bushmead estate.

Cedar Woods completed successful joint venture projects during the year and continues to prioritise partnerships to grow its portfolio.

What did Cedar Woods management say?

Cedar Woods Managing Director Nathan Blackburne commented:

FY26 was the strongest year in Cedar Woods’ history, with record results across the key financial and operating measures of the business. The result demonstrates the earnings leverage in the portfolio when higher settlement revenue is combined with stronger margins.

What’s next for Cedar Woods?

Looking ahead to FY27, Cedar Woods is targeting 15% NPAT growth, underpinned by its record $830 million in presales, with over 90% of forecast revenue already contracted. The company expects gross margin to remain steady and anticipates softer residential sales conditions early in FY27 before sentiment improves as rates stabilise.

Management highlighted the company’s robust pipeline of more than 9,600 lots, homes and offices across four states, and strong balance sheet capacity to pursue further growth through acquisitions and partnerships.

Cedar Woods share price snapshot

Over the past 12 months, Cedar Woods shares have declined 5%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post Cedar Woods reports record earnings and targets 15% FY27 profit growth 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 recommended Cedar Woods Properties. 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 Ramelius Resources Ltd (ASX: RMS) share price is in focus after the company announced a 79% jump in Ore Reserves to 4.3 million ounces of gold and a 17% lift in Mineral Resources to 14 million ounces at 30 June 2026, signalling a significant step-up in its growth ambitions.

What did Ramelius Resources report?

• Group Mineral Resources increased 17% to 14Moz of gold (260Mt at 1.7g/t)
• Ore Reserves surged 79% to 4.3Moz of gold (70Mt at 1.9g/t Au)
• FY26 drilling added 1.8Moz of new discovery ounces at an average cost of A$55/oz
• Key gains included a maiden 1.6Moz Ore Reserve for the Never Never underground (Dalgaranga) and 260koz at Roe underground (Rebecca-Roe)
• The Mt Magnet hub remains central, with reported Mineral Resources up 21% to 10Moz

What else do investors need to know?

Ramelius continued strengthening its core Mt Magnet hub while advancing higher-value, longer-life projects. The 2026 Resources and Reserves update was underpinned by historic levels of exploration, notably at Dalgaranga, Galaxy, and the Cue deposits.

The company achieved an attractive discovery cost of A$55/oz, supporting ongoing exploration spend (A$90–110 million is budgeted for FY27). Ramelius has also set a company-wide Exploration Target of up to 1.6Moz, showing confidence in future conversion.

A detailed production and cost outlook to FY30, including guidance for FY27, is expected in September. The updated resource base provides a platform for the company’s longer-term production goal of 500,000 ounces per annum by FY30.

What’s next for Ramelius Resources?

Ramelius is targeting further organic growth via aggressive exploration, aiming to convert more resources and boost production scale. With additional open pit and underground targets identified across Mt Magnet, Dalgaranga, and Roe, exploration will remain a key focus.

Investors can look forward to updated production, cost, and exploration plans in September, which should give more visibility around FY27 guidance and Ramelius’ path towards its 500,000-ounce annual production target by 2030.

Ramelius Resources share price snapshot

The Ramelius Resources share price has been a strong performer over the past 12 months, outperforming the S&P/ASX 200 index (ASX: XJO) with a gain of around 30%.

View Original Announcement

The post Ramelius Resources share price on watch amid 79% surge in Ore Reserves 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.

The Zip Co Ltd (ASX: ZIP) share price could be significantly undervalued if it’s able to deliver on its growth potential.

Zip is a rapidly growing buy now, pay later business with its main operations in Australia and the US. It has provided guidance that it intends to exit New Zealand.

The business recently reported its FY26 result which included a number of impressive growth metrics.

Given the guidance the business provided for FY27, the outlook looks promising for several reasons.

Rapid expansion in the US

To buy an ASX growth share, I think we need to see that the company’s core offering has a compelling future.

I think it’s safe to say that Zip is growing rapidly in the US, which is now its biggest source of growth.

In FY26, the US was responsible for around two-thirds of the company’s revenue and that percentage is likely to keep growing. The company’s total revenue grew by 24.7%, with 37.3% revenue growth in the US in Australian dollar terms and just 4.6% revenue growth for ANZ. In US dollar terms, US revenue rose 44.3%.

The US is also the company’s only source of customer growth. During FY26, US active customers rose 9.3% to 4.65 million, while ANZ active customers decreased 8% to 1.88 million. ANZ revenue grew because of transaction growth.

In FY27, Zip is expecting US total transaction value (TTV) growth of more than 30%.

Increasing profit margins

Zip is not just growing its revenue; its profit margins are increasing thanks to operating leverage, allowing the profits to grow much faster than revenue.

The buy now, pay later business reported in FY26 that its total income rose by 24.6% to $1.35 billion, cash gross profit grew by 26.2% to $642.3 million and cash operating profit (EBTDA) jumped 57.9% to $268.9 million.

I’m not expecting Zip’s cash EBITDA to continue growing at that pace forever, given how challenging it is to grow profit as the numbers get bigger.

But, as the company grows, I think its expanding scale and operating leverage will improve profit margins. The company expects its operating margin to rise again in FY27 to between 20% and 22%.

Good Zip share price valuation

At the time of writing, Zip’s share price is valued at 28x FY26 earnings, which I don’t think is very expensive, given its US TTV is expected to grow by at least 30%.

The projection on Commsec suggests the business could grow its earnings per share (EPS) by close to 48% to 13.6 cents in FY27, 17.8 cents in FY28 and 22.4 cents in FY29.

Those EPS forecasts suggest the company is valued at 19x FY27’s estimated earnings at the time of writing. With projections of further profit growth in FY28 and FY29, the company could seem cheap at this level.

The post 3 reasons why the Zip share price could be a great buy 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 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.

The Dalrymple Bay Infrastructure Ltd (ASX: DBI) share price is in focus after the company posted a 14.2% rise in statutory net profit after tax to $49.2 million and confirmed plans for an 8.5% increase in its full-year distribution.

What did Dalrymple Bay Infrastructure report?

• Terminal Infrastructure Charge (TIC) revenue of $156.5 million, up 3.6% on H1 FY25
• EBITDA of $150.5 million, up 4.7% from H1 FY25
• Statutory net profit after tax of $49.2 million, up 14.2% year on year
• Funds from Operations (FFO) of $92.7 million, up 10.2%
• Q2 FY26 distribution of 6.75 cents per security, with FY27 guidance of 28.62 cents per security (up 8.5%)
• Net debt of $2,012.3 million at 30 June 2026; investment grade balance sheet reaffirmed

What else do investors need to know?

Dalrymple Bay Infrastructure successfully issued a $350 million, five-year fixed rate bond under its new medium-term note program. This is part of its ongoing capital management strategy to diversify funding sources and manage refinancing risk.

The company continues to invest in major sustaining capital projects, with $370.6 million of committed non-expansion capital works in progress, including the Shiploader 1A and Reclaimer 4 projects. These are on track to be added to the regulated asset base by July 2027, potentially boosting future revenue.

Operationally, there were no fatalities, serious injuries, or reportable environmental incidents during the half. The terminal remains fully contracted on a take-or-pay basis through to June 2028, supporting stable cash generation.

What did Dalrymple Bay Infrastructure management say?

Dalrymple Bay Infrastructure CEO and Managing Director Michael Riches said:

H1-26 performance reflects the continued resilience of the business and the consistency of its earnings profile. During the period, we announced TIC guidance for TY-26/27 of $4.02 per tonne, an 8.1% increase on the prior year, demonstrating the value of DBI’s stable and predictable pricing arrangements with customers, the quality of the delivery on its capital program (and consequent NECAP Asset Base additions) and the strength of its business model.

he issuance of Australian Medium-Term Notes during H1-26 has further diversified DBI’s sources of debt funding and reflects DBI’s proactive approach to managing its balance sheet, its refinancing risk and its cost of capital. This enhances DBI’s financial flexibility and supports the funding of committed NECAP projects while maintaining an investment-grade credit profile.

Distributions also continue to grow, with guidance issued for TY-26/27 of 28.62 cents per security, payable in quarterly instalments. This represents an 8.5% increase on TY-25/26 distributions and reflects the continued strength and predictability of DBI’s cashflows.

DBI remains focused on growing and managing the business to create long-term value for securityholders. Our objective remains to deliver sustainable growth in securityholder returns over time, and the first half of 2026 demonstrates our continued progress against that commitment.

What’s next for Dalrymple Bay Infrastructure?

Looking ahead, Dalrymple Bay Infrastructure aims to deliver further organic revenue growth through the inclusion of completed capital projects in its asset base and completion of the Shiploader 1A and Reclaimer 4 builds. The company reaffirmed its medium-term distribution growth target of 3–7% per annum, subject to market conditions.

Management is also exploring opportunities for diversification, ongoing refinancing to manage debt costs, and environmental and sustainability initiatives across the terminal. With stable long-term contracts in place, the business plans to continue its focus on supporting future cashflow and shareholder distributions.

Dalrymple Bay Infrastructure share price snapshot

The Dalrymple Bay Infrastructure share price has outperformed the S&P/ASX 200 index (ASX: XJO) over the last 12 months with a gain of almost 11%.

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The post Dalrymple Bay Infrastructure posts stronger profit and higher distribution appeared first on The Motley Fool Australia.

More reading

• SiteMinder: FY26 profit nearly doubles, revenue jumps 22%
• With profits surging to $13.7 billion, are BHP shares a buy, hold or sell now?
• GenusPlus Group FY26 earnings: Record results and outlook
• Cedar Woods reports record earnings and targets 15% FY27 profit growth
• Ramelius Resources share price on watch amid 79% surge in Ore Reserves

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.

The SkyCity Entertainment Group Ltd (ASX: SKC) share price is in the spotlight today after the company confirmed it had received and rejected two conditional takeover proposals – one from Oaktree Capital Management at NZ$0.70 per share, and another party at NZ$0.75 – after judging they did not adequately reflect SkyCity’s value.

What did SkyCity Entertainment Group report?

• Company received two conditional, non-binding indicative takeover offers for all shares at NZ$0.70 and NZ$0.75 per share
• Both offers required extensive due diligence and other substantial conditions
• SkyCity’s board unanimously rejected both proposals as not reflecting true company value
• Continues to progress $275–300 million asset monetisation program, including sale of investment properties
• Operating model reset underway, aiming for $30 million in benefits for FY27, growing to $70 million in FY28

What else do investors need to know?

The two takeover proposals were conditional on matters such as at least 8 weeks of due diligence, arranging debt financing, securing board and shareholder approval, and several regulatory and structural hurdles. The board was also asked to provide exclusivity and not change SkyCity’s existing asset or debt arrangements during talks.

After careful review with management and advisers, SkyCity’s board found the proposals undervalued the business and that their conditions could disrupt ongoing operations. The company advised both interested parties it would only proceed if improved terms were presented, but no revised offers were received.

What’s next for SkyCity Entertainment Group?

The company says it remains focused on its current strategy, including completing its asset sales program—already securing unconditional agreements for the 99 Albert Street and Victoria Street properties, as well as a non-binding agreement for its Grand Hotel. The board is also progressing a group-wide operating model reset and undertaking a strategic review of SkyCity Adelaide following a recent agreement with the South Australian regulator.

By sticking to its strategic priorities, SkyCity aims to strengthen its financial footing and unlock additional value for shareholders over the coming years.

SkyCity Entertainment Group share price snapshot

Over the past 12 months, SkyCity shares have declined 11%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post SkyCity rejects takeover offers, focuses on strategy and asset sales appeared first on The Motley Fool Australia.

More reading

• SkyCity shares on watch as FY26 profit falls but cost-out strategy advances

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 Vulcan Steel Ltd (ASX: VSL) share price is in focus after the company reported a 20% lift in FY26 reported earnings per share to NZ 14.4 cents, while reported EBITDA rose 19% to NZ$129.3 million.

What did Vulcan Steel report?

• Reported EPS: NZ 14.4 cents, up 20% on FY25
• Adjusted EPS: NZ 15.1 cents, up 10.8% on FY25
• Reported EBITDA: NZ$129.3 million, up 19% on FY25
• Adjusted EBITDA: NZ$130.3 million, up 16% on FY25
• Operating cashflow: NZ$73.0 million, down 30% year on year
• Final dividend: 4.5 NZ cents per share, fully franked and imputed; 7.0 NZ cents total for FY26

What else do investors need to know?

Vulcan Steel’s recently acquired rollforming business made a strong contribution, exceeding expectations with nine months of trading and bolstering the company’s value-added processing. The company delivered its first year-on-year growth in underlying volumes since FY22, helped by both internal improvements and shifting market conditions.

Customer service remained a focus, with Vulcan maintaining a 98% on-time delivery rate. Net bank debt fell by NZ$5.1 million to NZ$227.3 million, and the company continued to invest in its hybrid site network, including opening a new location in Toowoomba, Queensland.

What did Vulcan Steel management say?

Managing Director and CEO Gavin Street said:

Vulcan improved its operational performance in the 2026 financial year, with higher sales volumes and continued market share growth across Australia and New Zealand despite global trade uncertainty and mixed conditions in our domestic markets. The successful integration of the recently acquired rollforming business was a key highlight for the year. Contributing nine months of trading, the division delivered results ahead of expectations and strengthened Vulcan’s value-added processing capability.

What’s next for Vulcan Steel?

Vulcan said New Zealand’s industry is beginning to stabilise with signs of recovery, though the pace may be swayed by the upcoming general election. In Australia, economic conditions remain mixed, with rate settings and policy uncertainty acting as headwinds.

The company aims to keep the momentum going in FY27 by focusing on customer service and margin improvements, while looking for opportunities linked to the Brisbane 2032 Olympics and broader business cycles. Vulcan flagged ongoing risks from global trade and geopolitics but remains focused on supporting growth in both countries.

Vulcan Steel share price snapshot

Over the past 12 months, Vulcan Steel shares have declined 17%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post Vulcan Steel lifts earnings, declares higher FY26 dividend appeared first on The Motley Fool Australia.

More reading

• SiteMinder: FY26 profit nearly doubles, revenue jumps 22%
• With profits surging to $13.7 billion, are BHP shares a buy, hold or sell now?
• GenusPlus Group FY26 earnings: Record results and outlook
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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.

The Monadelphous Group Ltd (ASX: MND) share price has been in focus after the company posted record revenue of $2.98 billion, up 31.5% from last year, and net profit after tax climbed 52.1% to $127.3 million.

What did Monadelphous report?

• Revenue rose 31.5% to a record $2.98 billion (including joint ventures)
• Net profit after tax surged 52.1% to $127.3 million
• EBITDA increased 42.9% to $226.0 million, with a margin of 7.6%
• Earnings per share grew 50.1% to 127.6 cents
• Full year fully franked dividend of 108 cents, up 50%
• Secured over $2.7 billion in new contracts and extensions since July 2025

What else do investors need to know?

Monadelphous’ Engineering Construction division delivered revenue of $1.37 billion, a 48.5% increase, spurred by strong iron ore sector activity and integrated services projects. Its Maintenance and Industrial Services arm also hit a record $1.61 billion, up 20%, benefiting from ongoing energy sector work and robust maintenance demand with iron ore customers.

The company made several strategic acquisitions, including Kerman Contracting, Australian Power Industry Partners, and High Energy Service, broadening its service capability across non-process infrastructure and high-voltage electrical services. With more than $680 million in new contracts secured since July 2026, Monadelphous enters the new financial year with a strong committed work pipeline.

What did Monadelphous management say?

Managing Director Zoran Bebic commented:

The long-term outlook for the resources and energy sector remains strong. Investment is expected in both new resource projects and existing operations, with multiple gas construction projects and sustained demand for maintenance services presenting opportunities in the energy sector.

Increasing demand, coupled with Australia’s energy transition, is driving long-term investment in energy generation, storage, and transmission infrastructure, with Monadelphous well positioned to capitalise on these opportunities by leveraging its broadening services capability.

What’s next for Monadelphous?

Looking forward, Monadelphous expects continued strong activity in the resources and energy sectors, underpinned by a robust project pipeline and significant investment in energy transition opportunities. The company plans to focus on consolidating its expanded business in FY27, following a period of substantial growth, while maintaining flexibility for further strategic growth moves.

Management says its strengthened balance sheet and enhanced delivery capability, including recent acquisitions, position Monadelphous well for long-term sustainable growth and value delivery for shareholders.

Monadelphous share price snapshot

The Monadelphous share price has smashed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a gain of over 50%.

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The post Monadelphous posts record FY26 profit and dividend, buoyed by 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 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.