Daily Roundup

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Dicker Data Announces Q1 2026 Dividend

Dicker Data Ltd has some good news for its shareholders - the company has declared a fully franked dividend of AUD 0.115 per share for the first quarter of 2026. The ex-date is set for May 15th, the record date is May 18th, and the payment will be made on June 2nd.

Investors have the option to participate in Dicker Data's Dividend Reinvestment Plan (DRP), which offers a 1% discount. This allows shareholders to automatically reinvest their dividends and acquire additional shares in the company.

EDU Holdings Reports Transformational Year, Expands Course Offerings

It's been an impressive year for EDU Holdings Limited. The company reported a 95% surge in revenue to $82.4 million in fiscal 2025, while net profit after tax increased over five-fold to $14.8 million. This strong performance was driven by the continued growth of EDU's higher education business, Ikon, which expanded its course portfolio with 4 new offerings.

Looking ahead, EDU expects revenue, EBITDA and NPAT to continue climbing in fiscal 2026, though the company will also be investing to support this growth. The first quarter of the new year is off to a solid start, with group enrolments up 36% year-over-year.

Symal Tightens FY26 EBITDA Guidance Amid Cost Pressures

Construction firm Symal Group has updated its fiscal 2026 guidance, tightening its expected normalised EBITDA range to $120-$126 million. This is supported by an EBITDA margin in line with the company's 10-12% target.

While Symal has faced some fuel and materials cost pressures, its disciplined contracting model and risk management practices have allowed it to mitigate these impacts. Founder Joe Bartolo noted that the company remains on track to deliver on its long-term strategy and financial expectations for the year.

Saunders Revises FY26 Guidance Due to Project Delays

Unfortunately, not all the news is positive today. Saunders International has had to revise its fiscal 2026 guidance downwards due to timing delays on three of its current projects.

Revenue guidance is now $300-$315 million, down from the previous $315-$345 million range. Adjusted EBITDA is expected to come in at 3.0-3.5%, compared to the prior 3.5-4.5% guidance.

The delays are attributed to external factors, such as the discovery of cultural heritage artefacts and changes to Defence Base access. However, Saunders says the impact is limited to timing, with no commercial risk to project continuity or profitability. The company remains optimistic about the outlook for fiscal 2027 and beyond, buoyed by the recent $10.7 billion Australian fuels security package.

Fluence Secures $3.7M Industrial Water Contract in Texas

In more positive news, Fluence Corporation Limited has won a significant industrial water treatment contract in Texas, valued at approximately $3.7 million. The contract is for the design and construction of a water treatment plant using ultrafiltration and reverse osmosis technologies.

The facility will be capable of producing up to 1.5 million gallons of water per day, allowing the customer to treat groundwater and reduce its reliance on municipal water supplies. This project demonstrates Fluence's expertise in delivering sustainable water management solutions for industrial operators.