1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
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Goodman Group (ASX:GMG) has doubled down on data centres amid demand for artificial intelligence. It says data centres account for 73 percent of the group's $14.5 billion work in progress.The company says its total portfolio is $87.1 billion dollars. It says more than 40 percent of work in progress is either pre-sold or being built for third parties or partnerships. The firm says it on track for 9-percent operating EPS growth.
Fisher & Paykel Healthcare (ASX:FPH) saw a rise in revenue and profit for the year.. Net profit after tax rose 24% from the year before to $NZ468.5-million dollars. Total operating revenue increased 14 percent to $2.31 billion NZ dollars. The company will pay a final dividend of 33-cents a share.
Mineral Resources (ASX:MIN) and its Chinese joint venture partner have approved a $490-millon dollar expansion of the Mount Marion lithium operation in Western Australia. The investment will be spent across the 2027 and 2028 financial years. It includes $240-million for the flotation plant and $220-million for underground mine development.
Online retailer Kogan.com (ASX:KGN) has boosted earnings for the the 10 months to April on stronger Australian sales, with group adjusted EBITDA up 17.4 per cent to $37.5 million. Gross profit was up 11 per cent to $178 million, gross sales rose 13 per cent and gross margin expanded to 41 per cent. But the positive result was weighed down by a sharp deterioration at its New Zealand business Mighty Ape, where gross sales fell 14% and revenue dropped almost 29%. Kogan says Mighty Ape continues to undergo a restructure which includes a shift to a more capital-light model.
Aged care operator Ryman Healthcare (ASX:RYM) saw its net loss for the year narrow. It posted a net loss of 171.3 million New Zealand dollars for the 12 months to March 31st, down from a $514-million dollar loss in 2025. Full year revenue came in at 856 million NZ dollars, up more than 12- percent. Net tangible assets per share declined to 4 dollars and the company will not pay a dividend for the period. The firm says the reset of the business is translating into improved performance and its first positive free cashflow in more than a decade.
