Daily Roundup

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Acusensus Reaffirms FY26 Guidance, Expands Globally

Acusensus, a leading provider of AI-enabled road safety solutions, has reaffirmed its FY26 guidance and shared notable business updates. The company has made significant strides in its international expansion, with active procurement processes underway in the US and multiple concurrent programs running in the UK.

In New Zealand, the nationwide mobile speed camera program continues to perform strongly, exceeding original projections. Acusensus' Forsite platform, which focuses on connected road worker safety, has also expanded its global footprint with the appointment of its first European-based employee.

On the R&D front, the company has installed the first low-cost fixed red light and speed enforcement test site in New South Wales, Australia, as it continues to enhance its product offerings. Acusensus remains well-positioned to deliver on its previously announced FY26 revenue guidance of $83 million to $87 million and Adjusted EBITDA guidance of $7.2 million to $8.2 million.

Duratec Wins $68 Million Sub-Contract for Darwin Ship Lift Facility

Duratec Limited has been awarded a $68 million sub-contract by the Clough BMD Joint Venture to undertake construction and commissioning works for the Blast & Paint Facility at the Darwin Ship Lift Facility. This nationally strategic infrastructure project, led by the Northern Territory Government, aims to establish Darwin as a key maritime services hub.

Duratec's scope includes the construction of the Blast and Paint Facility, as well as the installation and commissioning of various systems. The project is expected to commence in June 2026 and be completed by mid to late 2027. This award showcases Duratec's capabilities in delivering complex infrastructure solutions and aligns with the company's strategic focus on the Defence and Marine sectors.

JB Hi-Fi Sees Sales Growth, Faces Supply and Competitive Challenges

JB Hi-Fi Limited has provided a sales update for the third quarter of FY26, reporting growth in both its JB Hi-Fi and The Good Guys brands. However, the company is facing significant supplier-related cost increases and stock availability issues, particularly in the technology categories, as well as heightened competitive activity in the retail environment.

Despite these challenges, the company remains focused on delivering value for its customers, leveraging its strong supplier relationships, and providing exceptional customer service as it enters the important end-of-financial-year trading period.

AGL Energy Provides FY26 Guidance Update, Highlights Flexible Asset Portfolio

AGL Energy's Managing Director & Chief Executive Officer, Damien Nicks, presented at the Macquarie Australia conference, providing an update on the company's FY26 guidance. AGL highlighted its continued growth in its flexible asset portfolio, including the commissioning of the Liddell Battery in New South Wales and the construction progress on the Tomago Battery.

The company also discussed the opportunities in the Western Australian market, where the combination of rising structural demand, committed thermal exits, and a supportive capacity mechanism creates an attractive environment for AGL to scale its Perth Energy presence and diversify its earnings beyond the East Coast. AGL has narrowed its FY26 guidance ranges, though specific details were not provided in the announcement.

Metallium Secures 50% of Stage-1 E-Waste Feedstock Target

Metallium Limited has secured binding contracts covering 50% of its Stage-1 throughput target of 8,000 tonnes per annum of printed circuit board feedstock for its U.S. operations. This milestone builds on the company's previously announced supply agreement with Glencore and includes additional agreements with other established industry participants.

Metallium's feedstock strategy is designed to balance supply certainty and commercial optimization, targeting approximately 70% of Stage 1 target under contract, while retaining 30% exposure to the spot market. This hybrid procurement model enables the company to continuously benchmark and validate prevailing market pricing, maintain flexibility, and optimize margins through opportunistic purchasing.