Daily Roundup

Pro Medicus has landed a major contract win, securing a A$43 million, 7-year deal with Virtua Health, an academic health system in South Jersey. The U.S. subsidiary Visage Imaging will roll out its Visage 7 Enterprise Imaging Platform across Virtua's facilities, with the system deployed in the cloud. Implementation kicks off immediately, with a go-live targeted for late Q2 or early Q3 2027.

CSL has announced a significant leadership change, appointing Deborah Waterhouse as its new Chief Executive Officer and Managing Director, effective from 1 February 2027. Waterhouse brings over 25 years of experience managing global specialty pharma companies, having led ViiV Healthcare as CEO since 2017. She's held senior roles at GSK across the U.S. vaccines and primary care divisions. Gordon Naylor will continue as Interim CEO until the transition takes place. Waterhouse will retain her UK base while spending significant time in Australia, the U.S., and CSL's other major markets.

Nick Scali is navigating mixed fortunes across its markets. The furniture retailer reported challenging conditions in Australia and New Zealand, with written sales orders down 15% and store traffic dropping 10%. However, its UK business is firing on all cylinders, posting written sales orders up 29% and like-for-like sales up 14%. For the first half of FY27, the company expects underlying net profit after tax between A$28 million and A$32 million. Management remains focused on expanding its store network in ANZ and the UK while maintaining gross margins and keeping costs disciplined.

NEXTDC has revised its FY27 guidance downward after delays in Jemena's electricity network works pushed back the power increase for its M3 Melbourne data centre to FY28. The company now expects net revenue of A$475 million to A$500 million, down from A$615 million to A$640 million, and Underlying EBITDA of A$245 million to A$265 million, down from A$385 million to A$410 million. Capital expenditure guidance has also been trimmed to A$4.5 billion to A$5 billion from A$5.25 billion to A$5.75 billion. NEXTDC had A$8.675 billion in liquidity at 30 September 2026 and remains compliant with its financial covenants. The company will provide further updates at its Annual General Meeting on 20 November 2026.

Northern Star Resources delivered a solid quarterly update, selling 364,000 ounces of gold at an all-in sustaining cost of A$3,217 per ounce during the September quarter. The Kalgoorlie Production Centre led the charge with 193,540 ounces, while Yandal contributed 117,631 ounces and Pogo added 52,720 ounces. The company generated A$210 million in net mine cashflow for the quarter and held A$1,200 million in cash and bullion at 30 September. Northern Star maintained its FY27 guidance at 1,500–1,650 thousand ounces of gold sold at an all-in sustaining cost of A$3,050–3,450 per ounce, with production expected to be weighted toward the second half as its expanded KCGM processing facility ramps up. The Hemi Project studies continue on track for a Final Investment Decision in late FY27.