Daily Roundup

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Superloop Upgrades Guidance, Expects FY25 EBITDA Above $91 Million

Superloop Limited (ASX: SLC) has provided an exciting update, upgrading its guidance for the 2025 financial year (FY25). The company now expects its underlying EBITDA for FY25 to be at or above $91 million, a significant increase from the previous guidance range of $83-$88 million. This represents an impressive growth of over 67% from FY24 underlying EBITDA.

Vanguard Announces Estimated Distributions for ETFs

Vanguard Investments Australia Ltd has announced the estimated distribution amounts and distribution timetable for various Vanguard ETFs. The range spans from 20.1612 cents per unit for the Vanguard FTSE Emerging Markets Shares ETF (VGE) to 398.3168 cents per unit for the Vanguard MSCI Australian Small Companies Index ETF (VSO). Vanguard has also provided details on the Distribution Reinvestment Plan (DRP) and the importance of ensuring correct bank details are provided to the registrar.

SciDev Secures $21.5 Million in High-Value Contracts

SciDev Ltd (ASX: SDV) has been busy, securing $21.5 million in new contracts and renewals across key market verticals, including Oil & Gas, environmental remediation, and mining. Highlights include a $10 million contract with a blue-chip E&P company in the Permian Basin, a $2.5 million contract for PFAS remediation, and a $6 million, 3-year contract renewal with a leading Australian resources company. These wins showcase SciDev's growing momentum across its strategic growth initiatives.

SciDev Pauses Trading, Pending Further Announcement

In a separate announcement, SciDev Ltd (ASX: SDV) has temporarily paused trading in its securities, pending a further announcement from the company. The reason for the trading pause has not been specified, and investors will need to wait for the company's next update to understand the context and implications.

Brickworks Provides 2H25 Trading Update

Brickworks Ltd (ASX: BKW) has provided a trading update for the second half of the 2025 financial year (2H25). The company expects its Property EBITDA to exceed 1H25 due to revaluation gains and development profits. In the Building Products division, the Australia business is expected to deliver slightly improved 2H25 EBITDA, while the North America business is anticipated to report positive 2H25 EBITDA, though with a marginally positive EBITDA result for the full FY25.

DroneShield Secures $9.7 Million Latin American Contract

DroneShield Limited (ASX: DRO) has announced a $9.7 million package of three standalone contracts for its counterdrone systems from a Latin American defence customer. This follows two previous contracts totalling $10.8 million in 2024/2025. DroneShield expects to deliver all equipment throughout Q3 and Q4 2025, with cash payment expected in the same timeframe.