Daily Roundup

Aussie Broadband accelerates growth with strong earnings and ambitious buyback

Aussie Broadband delivered impressive results for FY26, with underlying EBITDA jumping 19.6% to $165.3 million and revenue climbing 9.2% to $1,295.4 million. The company's broadband connections surged 41% to 1.11 million, while its NBN market share expanded to 12.1%. Management clearly feels confident about the trajectory, announcing a share buyback of up to $115 million and lifting FY27 underlying EBITDA guidance to between $205 million and $215 million. The company also increased its dividend to 6.0 cents per share and reduced net tangible liabilities per share to just $0.10. During the year, Aussie Broadband completed the disposal of Digital Sense Hosting and acquired Nexgen Investment Group, strengthening its platform for future growth.

GemLife Communities smashes forecasts and upgrades earnings guidance

GemLife Communities Group is firing on all cylinders after an exceptional first half. The company blew past Prospectus forecasts across the board, with revenue climbing 86% to $195.1 million and underlying profit after tax soaring 102% to $58.5 million. Average home sale prices jumped 10%, and the company settled 16 more homes than expected. This outperformance prompted management to upgrade FY26 underlying EPS guidance to 30.0–31.0 cents, representing growth of 27–31% above FY25. The company maintained a remarkable 100% occupancy rate across its 2,324 homes and achieved a development EBITDA margin of 43%. GemLife also earned Great Place to Work® certification for 2026/2027, signaling strong workplace culture alongside its financial momentum.

PLS Group delivers record lithium production and bumper dividend

Lithium producer PLS Group posted record results for FY26, with production reaching 879.5 kilotonnes—up 17% year-on-year. Revenue exploded 152% to $1,934 million, driven by higher sales volumes and a 121% jump in average realized prices. Underlying EBITDA hit $1,137 million with an impressive 59% margin, while net profit after tax came in at $526 million, a dramatic turnaround from a $196 million loss in FY25. The company's cash position strengthened substantially, rising 135% to $2,290 million, giving it substantial firepower for strategic investment. Management declared a fully franked final dividend of 5 cents per share and guided FY27 production at a midpoint of 880 kilotonnes. The P2000 feasibility study is due in the December quarter, with the company maintaining 100% ownership of the Pilgangoora asset for operational flexibility.

Supply Network expands network and lifts profitability

Supply Network Limited reported solid growth for FY2026, with revenue increasing 15.4% to $403.7 million and profit after tax rising 19.0% to $47.6 million. The company made significant investments in IT systems and branch network expansion, particularly in New Zealand, while maintaining a strong focus on safety and operational efficiency. Management declared a final dividend of 44.0 cents per share and outlined plans for continued organic growth alongside potential acquisition opportunities.

Endeavour Group navigates headwinds with transformation push

Endeavour Group's FY26 results reflected a challenging retail environment, with group sales edging up just 1.3% to $12.2 billion. Retail sales grew 0.7% to $10.0 billion, though online sales showed more vigor with 34.8% growth. Hotel sales performed better, rising 4.2% to $2.2 billion. However, underlying EBIT fell 8.7% to $845 million, and statutory net profit after tax plummeted 87.8% to $52 million. The company declared a fully franked final dividend of 1.2 cents per share. Management is executing a $300 million cost reduction program by F29, with $100 million targeted for FY27. The company is investing in retail value initiatives and hotel transformation, with 38 venues renewed during the period. Despite near-term headwinds from cost-of-living pressures, Endeavour is planning to increase capital and operational expenditure in FY27 to drive longer-term transformation.