Daily Roundup

Wednesday, 17th June 2026
Last updated: 11:00 | Max Version 🚀

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Flight Centre Travel Group has revised its FY26 profit guidance downward to $275m-$295m underlying profit before tax, with a midpoint of $285m. The travel company is grappling with significant headwinds from the Middle East conflict, which is expected to slice approximately $50m off leisure earnings. Despite the turbulence in its leisure division, Flight Centre's corporate business remains on track for strong profit growth. To demonstrate confidence in its recovery prospects, the company has announced a $200m on-market buy-back of issued capital.

Stealth Group Holdings is celebrating what looks to be a record year, with FY26 preliminary results showing sales climbing 13.7% to $165 million. The hardware and industrial products distributor's momentum has been supercharged by its November 2025 acquisition of Hardware & Building Traders, which expanded its supplier network and product categories. The company has also been busy securing new distribution agreements with global brands and launching products on Woolworths and Amazon. With full-year contributions from the HBT acquisition now flowing through, Stealth remains confident in hitting its FY28 target of $500 million in annual sales and an EBITDA margin of 8-12%.

Symal Group is making a bold move into the defence sector with its acquisition of Shamrock Civil for $51.0 million. The Queensland-based contractor brings over 30 years of experience, a 200-strong workforce, and roughly $220 million in annual revenue—more than half of which comes from defence work. With a robust 70% defence pipeline and established relationships with major clients like QGC and Santos, Shamrock positions Symal to capitalize on the country's $425 billion defence spend pipeline over the coming decade. The deal is structured with $40.8 million in cash and $10.2 million in Symal shares upfront, plus potential earn-outs tied to FY26 and FY27 EBITDA performance. Shamrock's founders will stay on to lead operations, and the acquisition is expected to be earnings per share accretive in Symal's first full year.

RocketDNA is tidying up its corporate structure by acquiring the remaining 40% of its Western Australian subsidiary for $1.0 million in newly issued shares. The move will consolidate full ownership of RocketDNA (WA) Pty Ltd without affecting operations, customers, or revenue. The consideration shares will be held in escrow for 12 months, aligning the original founders with RocketDNA shareholders.

Aerometrex has landed two significant data licensing deals worth a combined $1.07 million with AI technology companies. US-based Zeromatter Technologies will license 3D datasets from Aerometrex to train its autonomous simulation engine, while Sydney-based Neara will tap into Aerometrex's LiDAR imagery for its digital twin platform. Both contracts will be invoiced and paid before the end of the financial year, highlighting growing demand from AI innovators seeking real-world spatial data to refine their models.