Daily Roundup

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Steadfast Group Delivers Solid 1H26 Results, Appoints New CFO

Steadfast Group Ltd (ASX:SDF) has reported a strong financial performance for the first half of fiscal year 2026 (1H26). The company's underlying diluted earnings per share (NPAT) grew by 6.9% to 12.4 cents, while underlying NPATA increased by 6.3% to $161.5 million. Steadfast also declared a fully franked interim dividend of 8.2 cents per share, up 5.1% from the prior period.

The results were driven by solid contributions from Steadfast's subsidiary businesses, recent acquisitions, and disciplined expense management. The Steadfast Australasian Network brokers delivered 4.4% growth in gross written premium, and the Underwriting Agencies segment generated $1.2 billion in GWP, up 3.0%. Steadfast's international operations also performed well, with underlying EBITA increasing by $10.1 million compared to 1H25.

Steadfast has reaffirmed its FY26 guidance, including an underlying NPATA range of $365 million to $375 million, underlying NPAT of $315 million to $325 million, and underlying EBITA of $650 million to $665 million.

The company has also appointed Hannah Lee as the new Chief Financial Officer, effective 24 February 2026.

Matrix Composites Secures $11 Million in New Subsea Awards

Matrix Composites & Engineering Ltd (ASX: MCE) has announced $11 million in new subsea project awards, increasing its secured revenue for the 2026 financial year to at least $80 million. The new projects include the supply of drilling riser buoyancy upgrades and subsea installation buoyancy, all to be completed at Matrix's facility in Henderson, Western Australia by the end of FY26.

Woodside Energy Reports Strong 2025 Results, Progresses Key Projects

Woodside Energy Group Ltd (ASX: WDS) has reported its 2025 annual results, highlighting record annual production of 198.8 million barrels of oil equivalent (MMboe). The company's net profit after tax was $2,718 million, with underlying NPAT of $2,649 million.

Woodside maintained a robust balance sheet, with gearing of 18.2% and liquidity of $9.3 billion, supporting its ability to deliver sustained returns to shareholders, including a final dividend of 59 US cents per share. The company also made significant progress on key projects such as the Louisiana LNG and Scarborough Energy Project.

Vysarn Reports Record Half-Year Earnings

Vysarn Ltd (ASX: VYS), a water services and infrastructure provider, has announced record half-year earnings for the six months to 31 December 2025. The company reported revenue from operations of $66.81 million, EBITDA of $13.87 million, and NPBT of $10.05 million, all significantly higher compared to the previous corresponding period.

Vysarn's strong performance was driven by its industrial, advisory, technology, and asset management segments. The company is targeting a full-year FY26 NPBT of $20.0 million and remains focused on organic and acquisitive growth initiatives.

SKS Technologies Delivers Impressive 1H26 Results

SKS Technologies Group Ltd (ASX: SKS) has reported a strong financial performance for the first half of FY26, with a 52.5% increase in net profit after tax to $8.81 million and a 58.6% increase in work on hand to $325 million. The company also declared a 3.5 cents per share fully franked interim dividend, up from 1 cent in the prior period.

SKS Technologies' sales revenue increased by 13.6% to $131.75 million, while EBITDA and EBIT grew by 42.9% and 44.6%, respectively. The company remains confident in achieving its FY26 revenue target of $340 million and before-tax profit of approximately $34 million.