Key Highlights

  • oOh!media (ASX:OML) and Ansell (ASX:ANN) touched 52-week highs, while Fluence (ASX:FLC) touched a 52-week low on 26 October 2026.
  • oOh!media received New Zealand OIO consent, with its Scheme Meeting set for 2 November 2026.
  • Ansell's FY26 sales rose 6.8% to US$2,140.2 million, and Fluence's H1 Revenue rose 15%.

oOh!media Limited (ASX:OML) traded at $1.68, up 0.60%, and Ansell Limited (ASX:ANN) traded at $46.50, up 0.50%, after each touched a 52-week high during the Trading session on 26 October 2026. Fluence Corporation Limited (ASX:FLC) traded at $0.055, down 8.33%, after touching a 52-week low. oOh!media is an out of home media company, Ansell is a global safety solutions provider and Fluence supplies water and wastewater treatment.

oOh!media: OIO Consent Announced on 23 October 2026

oOh!media said New Zealand's Overseas Investment Office has consented to its scheme with OOH BidCo, an entity owned by funds managed or advised by I Squared Capital. The scheme consideration is $1.68 per share, which the independent expert, Grant Samuel, assessed as fair and reasonable within a range of $1.59 to $1.78. FIRB approval, the Shareholder vote and court approval remain outstanding, and the Scheme Meeting is on 2 November 2026.

The scheme was announced on 10 August 2026 and the scheme booklet was released on 29 September. The board's recommendation is subject to the absence of a superior proposal and to the independent expert continuing to conclude the scheme is in shareholders' best interests, and one director abstained from a recommendation because of a potential conflict.

Ansell: FY26 Results Dated 24 August 2026

Ansell reported sales of US$2,140.2 million, up 6.8%, adjusted EBIT of US$321.9 million, up 14.1%, and adjusted EPS of US148.6 cents. Operating Cash Flow was US$270.1 million. The final Dividend is US41.5 cents, taking the full-year dividend to US68.1 cents, and US$118.4 million of a US$200 million buyback was completed in FY26. Significant items include Tariff refunds and legal costs related to a shareholder class action.

Cleanroom sales grew 10% on an adjusted basis, as did US sales. Statutory EBIT was US$320.5 million and statutory net profit US$208.6 million, while cash conversion was 113% and net Debt to adjusted EBITDA was 1.3 times. Adjusted EPS includes a net US3.3 cent benefit from non-recurring items.

Fluence: H1 2026 Results Dated 31 August 2026

Fluence reported H1 revenue of US$37.6 million, up 15%, and a narrower loss of US$823,000. Industrial Wastewater & Biogas revenue rose 66.0%, while the municipal unit's revenue fell 1.2%. Net tangible assets per security remained negative at 0.95 cents.

Industrial Wastewater & Biogas gross Margin rose to 30.5% from 27.6%, and the municipal unit held gross margin at 37.6%. The company said it expects the municipal unit to deliver a higher result in the second half of 2026 and the biogas unit to exceed its FY2025 performance, and its growth investment is concentrated on North America.

About the Companies

oOh!media Limited (ASX:OML): oOh!media is a North Sydney-based out of home media company that creates Advertising environments in public spaces for advertisers, landlords, leaseholders, community organisations, councils and governments.

Ansell Limited (ASX:ANN): Ansell is a global provider of safety solutions that reports in US dollars. Its FY26 growth was supported by strategic markets such as scientific cleanroom applications and the United States.

Fluence Corporation Limited (ASX:FLC): Fluence's product lines include MABR technologies, the Nirobox and Niroflex plants and recurring operations and maintenance services. Its industrial reuse unit targets applications such as power generation, lithium mining, semiconductors and data centres.

Risks Across the Three Companies

oOh!media's scheme has outstanding conditions and a recommendation that depends on the absence of a superior proposal. Ansell's results include one-off tariff refund benefits and a class action cost. Fluence reports negative net tangible assets and lower municipal results.

Catalysts on Investors' Radar

The 31 October voting deadline and 2 November Scheme Meeting for oOh!media, Ansell's FY27 buyback continuation and Fluence's expected second-half municipal improvement are the identified items.

Further dates and figures are set out in each filing. oOh!media's voting deadline is 11:00am on Saturday 31 October 2026, ahead of the Scheme Meeting at 11:00am on Monday 2 November. Ansell's cash conversion was 113%, with net debt to adjusted EBITDA at 1.3 times. Fluence's gross margin in its industrial wastewater and biogas unit rose to 30.5% from 27.6%, while its municipal unit held a margin of 37.6%.

Final Perspective

Two of the three touched 52-week highs and one a 52-week low, each with different company disclosures, including a pending scheme, annual results and a half-year report.