Daily Roundup
Tuesday, 12th May 2026
Last updated: 21:00 | Max Version 🚀
DDR.ASX EDU.ASX SYL.ASX SND.ASX FLC.ASX
A Busy Day for Aussie Businesses: Dividends, Earnings, and New Contracts
It's been a packed day for news from some of Australia's top companies. Let's dive right in and see what's happening.
First up, Dicker Data has announced a juicy dividend for its shareholders. The IT distribution giant is paying out a fully franked dividend of 11.5 cents per share for the first quarter of 2026. Investors can look forward to getting their hands on this cash on June 2nd, with the ex-date and record date set for mid-May. And the best part? Dicker Data is offering a 1% discount through its Dividend Reinvestment Plan, so shareholders can easily reinvest their earnings.
Over at EDU Holdings, the education provider has delivered a stellar performance in the 2025 financial year. Revenue soared by 95% to $82.4 million, while net profit after tax skyrocketed more than fivefold to $14.8 million. The company's Ikon higher education business was the star of the show, driving strong earnings growth and expanding its course offerings. EDU is feeling confident about the year ahead, expecting further revenue, EBITDA, and profit increases in fiscal 2026.
In other news, engineering firm Symal Group has tightened its FY26 earnings guidance. The company now expects normalised EBITDA to land between $120-$126 million, with margins firmly within its 10-12% target range. Symal's disciplined contracting and risk management have helped it weather the storm of rising fuel and materials costs.
Unfortunately, not all the news is rosy. Saunders International has had to revise its FY26 guidance downwards due to some project delays. Revenue is now expected to be $300-$315 million, with adjusted EBITDA in the 3-3.5% range. The delays are due to external factors like cultural heritage discoveries and changes in user requirements, but the company says the impact is limited to timing, with no commercial risks to the projects.
And finally, Fluence Corporation has secured a juicy $3.7 million contract to build an industrial water treatment plant in Texas. This facility will help a major U.S. manufacturer reduce its reliance on municipal water supplies, treating groundwater for cooling tower use. Fluence's efficient, sustainable technology is right on trend as industrial players seek ways to enhance their water security.
Phew, what a day! Australian businesses are certainly keeping busy, whether it's rewarding shareholders, reporting stellar results, or landing new contracts. It's an exciting time to be following the Aussie corporate landscape.
References
| DDR.ASX | 10:28 | 71 Dividend/Distribution - DDR |
| EDU.ASX | 08:21 | 67 AGM Address and 1Q26 Trading Update |
| SYL.ASX | 08:34 | 66 Symal tightens FY26 EBITDA guidance to $120-$126m |
| SND.ASX | 10:32 | 65 Revised FY26 Guidance - Timing Delays on Existing Projects |
| FLC.ASX | 08:58 | 65 FLC Wins Strategic $3.7M Industrial Water Contract in US |