Utilities

On 14 October 2026, GenusPlus announced that it had secured a number of significant contract awards from Western Power and Fortescue, with an aggregate value of about $255 million. The company said the awards strengthen its contracted project pipeline across the utilities and resources …

Quarterly reportedNet Incomerose by about $335 million, from $1.7 billion to $2.0 billion, while excluding items the increase was about $476 million. The difference between those two increases is the portion of the year-over-year change tied to the items the company excludes from its …

The company described its results as reflecting disciplined execution and continued progress on its 2026 value creation initiatives. The release presents both GAAP and adjusted earnings, and the difference between them in the quarter shows the importance of the significant items identified in its …

Retail energy providers buy electricity andNatural Gaswholesale and sell it to residential and commercial customers, earning the difference between theirSupplycosts and the prices they charge. Their margins depend on wholesale price movements, the timing of hedging, and the rates they can offer in competitive …

Gas and water utilities earn returns on theCapitalthey invest, so the company's earnings tend to grow with its rate base. That is why the company's guidance raise, combined with itsInvestmentfigures, points to aBusinesswhose earnings are tied to infrastructure spending rather than to short-term operating …

• FY27 guidance is for underlying EBITDA of $1.9 billion to $2.2 billion and underlying NPAT of $470 million to $670 million.

• APA said it delivered $80 million of cost savings in FY26 against a $50 million target and expects an annualised run-rate of $100 million in FY27.