Stock Analysis

Metal Powder Works (ASX:MPW) is progressing from technology development towards early commercialisation after securing its largest production order to date and expanding into a new segment of the metal powder market.

Hansen Technologies (ASX:HSN) is continuing its transition towards a more recurring revenue-focused softwareBusinessafter delivering FY26 results that highlighted both operational progress and near-term challenges.

Managing Director and CEO Angelo De Angelis said FY2026 was a year of strengthening theBusinessand positioning Saunders to capture growingCapital Investmentacross Australia's critical infrastructure markets, noting that while the year had a statutory loss with first-half earnings impacted by project delays and extreme weather …

On a reported basis, EBIT increased 55% to $115.3 million and reported NPAT grew 34% to $71.3 million, with reported earnings per share up 20% to 27.8 cents. Underlying earnings accelerated through the year, with second-half Underlying EBIT of $73.8 million approximately 67% higher …

The complete process route was demonstrated, with ore smelted and fumed to antimony trioxide, the fume captured and reduced, and antimony metal cast to ingot, with each unit operation in the design flowsheet performing as designed. The program was designed and supervised by MetaMets …

The company said FY26 revenue performance was impacted primarily by a softer-value renewals book, which is subject to year-on-year variability. While the improvement in newBusinesscontribution achieved in the first half was encouraging, this was not sustained through the second half, as several new business …

During the year, the Board undertook a strategic review of the Group's operations and resolved to focus resources on the core Responsible Entity, Trustee, Administration and Investment Advisory businesses. The company said the financial benefit of this initiative was not reflected in the FY26 …