Australian manufacturing PMI drops further in October – Judo Bank
Australia’s manufacturing sector saw further contractions in October after the rate of new orders dropped amid worsening demand conditions, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
Orora reports significant increase in earnings with underlying EBIT up by 12.3%
Sustainable manufacturer Orora Beverage announced its full-year financial results, with strong performance increases to underlying earnings before interest and tax (EBIT) of $320.5 million, up 12.3 per cent.
Australia’s manufacturing growth eases as PMI slips to 51.4 in September
Australia’s manufacturing sector continued to expand in September, although at a slower pace, according to the latest S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) report.
CSR announces $100 million on-market repurchase plan
CSR is buying back up to $100 million in shares on-market, as the company positions itself to invest in both long-term growth strategy and...
Higher wheel prices boost Carbon Revolution’s revenue to $18m
Geelong-based advanced manufacturer Carbon Revolution Limited has released its first half results for the financial year 2023 with revenue up by 2.3 per cent to $18 million compared to the prior period, reflecting a higher average wheel price.
ASX biotech firm Noxopharm’s new mRNA enhancer to make vaccines safer
Australian biotech company Noxopharm Limited unveiled today the development of a new mRNA vaccine enhancer that will make mRNA vaccines safer by reducing inflammation associated with mRNA vaccines.
Titomic’s expanded revenue strategy with new manufacturing milestones
Metal additive manufacturing company Titomic Limited’s revenue strategy has continued to gain momentum in the third quarter of 2023 after new channels were added to drive innovation in various manufacturing industries.
New Zealand’s PMI dips by 2.8 points in September
New Zealand’s manufacturing industry saw a slower expansion rate in September, according to the latest BusinessNZ Performance Manufacturing Index.
Orbital UAV to raise $4M to boost engine development programs
Orbital UAV is raising $4 million through the issue of approximately 28.6 million new fully paid ordinary shares at an issue price of $0.14 per new share to support its existing engine development programs.
Markforged reveals 10% increase in revenue amid strong manufacturing resiliency
American additive manufacturing company Markforged has reported that its first quarter results revenue increased by 10 per cent, to $24.1 million (AUD 36 million) from $21.9 million (AUD 32.7 million) in the same period of the prior year.


























