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…
Analytical science and devices company Trajan Group has announced its financial year results, reporting a 7.4 per cent increase in revenues to $166.5 million and an EBITDA of $15.5 million, below the guidance range but up 26.2 per cent. In an ASX statement on Thursday, Trajan’s Founder, Chief Executive Officer and Managing Director Stephen Tomisich…
Mining equipment company Austin Engineering has seen a 22.2 per cent increase in revenue to $376.7 million for the last financial year, with North American earnings up 54 per cent to $146.8 million. The ASX-listed company saw rises in EBITDA for the year to $55.8 million (up 29.6 per cent) and net profit after tax…
Sponsored Leading Australian health and nutrition manufacturer Star Combo Pharma today announced that its proprietary natural sweetener InuFructis has been approved by the Therapeutic Goods Administration (TGA) as a Proprietary Ingredient (Purpose: flavour) and is now officially entering the market. This achievement underscores Star Combo’s ongoing commitment to scientific innovation and regulatory compliance. The approval…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Carbon280 launches Kwinana pilot plant following $10.6 million seed round Hydrogen storage startup Carbon280 launched its Hydrilyte Technology Pilot Plant in Kwinana, Western Australia, which aims to prove its technology at an industrially-relevant scale. According to a statement from the…
Electronics manufacturer Codan has delivered its full-year results, with group revenues up 22 per cent to $674.2 million and “all profitability metrics increased” versus the previous financial year. According to a statement from the ASX-listed company on Thursday, net profit after tax was up 27 per cent to $103.5 million and earnings before interest and…
Appreciation has grown in the last decade or so for a modern, holistic view of manufacturing. It’s “more than just production”, you will have heard countless times, and production is the lowest point in the “smiley curve” model of where value is added. The National Reconstruction Fund Corporation, for example, chose to open its inaugural…
ASX-listed surface technology business AnteoTech has appointed Merrill Gray as Managing Director and Chief Executive Officer. Scientist, engineer and executive Gray (pictured) has served a four-month period as Interim MD and CEO, and her full-time appointment is effective Tuesday. “I am excited by the prospect of taking what I have learnt and supporting increased product…
Victor Rosenberg, the founder of building-integrated photovoltaics company ClearVue Technologies, has stepped down as Non-Executive Chairman and transitioned into the role of Non-Executive Director, effective immediately. In an ASX announcement on Tuesday, ClearVue said the news follows last week’s announcement that Rosenberg intends to retire from the company in November. Theresa Smits has become Interim…
Iondrive has been awarded a grant of up to $3.9 million through the federal government’s Industry Growth Program, which will support battery metal extraction and potentially scale up “urban mining” work under development using the company’s solvent-based process. According to an ASX statement from Iondrive on Tuesday, the grant covers half of eligible pilot plant…