Germany’s private sector activity sees downturn in August
Market activity in Germany’s private sector slipped for the second consecutive month and at a faster rate, according to the S&P Global’s Flash purchasing...
Manufacturing giant Boral reports $961m profit for FY2022
Construction materials producer Boral has posted a $961 million net profit after tax for the end of fiscal year 2022, which ended 30 June.Â
In...
Hearing aid brand Cochlear sees positive FY 2022 financial results
ASX-listed hearing devices manufacturer Cochlear Limited has reported a record sales revenue of $1.6 billion for the end of fiscal year 2022, a whopping...
Orora delivers 14.6% EBIT growth and 28.2% earnings per share growth
Media Release by Orora
Financial highlights for the year ended 30 June 2022
Sales revenue of $4,090.8 million, up 15.6% (up 13.0% on a constant...
US manufacturing sees expansion in July, says Feds
The US manufacturing industry has shown growth beyond initial projections in July, according to a Reuters report citing the US Federal Reserve.Â
The Federal Reserve...
Cement maker James Hardie posts $201 million APAC income for Q1 2023
ASX-listed cement manufacturing company James Hardie Industries has posted a $200.1 million revenue from its fibre cement segment sales in the Asia Pacific for...
Australian food and grocery industry exhibits growth despite pandemic’s economic pressures, says watchdog
Australia’s food and grocery manufacturing sector has seen a growth in value in 2020 and 2021— to approximately $133.6 billion— despite disruptions caused by...
Vocational apprenticeship completion rates drop in latest industry report
Completion rates for apprentices and trainees who began training in 2017 decreased to 55.7 per cent, a 1.2 per cent drop compared to the...
Survey: New Zealand’s manufacturing sector expands in July
The BusinessNZ Performance of Manufacturing Index (PMI) reported an expansion for New Zealand’s manufacturing sector in July.Â
The seasonally adjusted PMI for July was 52.7...
Tech company EPE and Shield AI deliver leading Nova 2 drone to ANZ Markets
Australian defence technology manufacturer EPE and US-based company Shield AI are launching their indoor drone into the Australian and New Zealand markets. The system...
Featured Article
Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.Â
