Food and beverage company Maggie Beer Holdings has reported a $24.3 million statutory loss for the last financial year, though said its turnaround strategy has been implemented and the company is “well positioned for a positive first half in FY26”. The results were shared with the ASX on Friday, with group sales up $2.7 million…
Bisalloy’s profit growth flat Wear resistant and armoured steel manufacturer Bisalloy Steel Group sales tonnes were impacted in FY24 in Australia by protracted EBA negotiations in H1 and in Indonesia by import restrictions in place for much of the year. Despite this, strong pricing discipline and a favourable mix meant the company’s sales revenue of…
Whyalla steel works produces first structural steel The Managing Director of Liberty Steel Group Tony Swiericzuk at Whyalla in South Australia has celebrated the completion of repairs and start up activities at the primary steel producer. Swiericzuk took to social media and said: “After a 48 hour reheat furnace start up programme, the Whyalla Steelworks…
Luxury Food manufacturer Maggie Beer Holdings is foreshadowing subdued results for FY24 with growth in sales of Maggie Beer branded foods offset by a decline in sales from its troubled Paris Creek Farms business. The Barossa Valley company told investors that FY24 revenue would be slightly ahead of FY23 at around $89 million, with anticipated…
Calix grows on revenue and margin gains in water businesses Industrial technology company Calix has reported a gross profit up 126 percent on the previous corresponding period to $12.2 million on revenue and other income up 28 percent to $16.3 million for the half year ended December 31, 2023. Growth was driven by revenue and…
STÄRKE expands into injection moulding STÄRKE Advanced Manufacturing Group has announced the acquisition of the complete assets of RIAN INDUSTRIES, a 22 machine injection moulding business in Melbourne. Group CEO Al Jawhari said the company would be known as STÄRKE INJECTION MOULDING PTY. LTD. and combined with the company’s facilities in Adelaide and Detroit, Michigan…