Tag: restructuring
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Ventia to Consolidate Sectors and Target $60m Annual Savings Under New CEO
The infrastructure services provider will fold its operating sectors into three from 1 December 2026 and expects about $30 million in one-off costs, while keeping FY26 guidance of 7-10% underlying NPATA growth.
BusinessAustraliaEconomyFinancial MarketsEmployment and LaborEnergyMilitary VentiaMark RalstonMark Flemingcost savingstelecommunicationsNPATA guidanceVentia Services GrouprestructuringFY26 outlookDefence and National ResilienceAustralia and New Zealand
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AFC Group Holdings Launches Strategic Review Amid Financial Challenges
AFC Group Holdings has begun a strategic review of its operations, assets and group structure to tackle financial and operational challenges, but says no decisions have been made.
BusinessFinancial MarketsEconomy AFC Group Holdings LimitedNZX: AFCstrategic reviewrestructuringNew Zealand stock exchangeDr Howard Longcorporate finance