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<WIRE> 29Metals (ASX:29M) Announces Insurers' Agreement to Make Initial Unallocated Progress Payment of A$24 Million

29Metals (ASX:29M) has announced that their insurers have agreed to make an initial unallocated progress payment of A$24 million.

Additionally, the insurers have confirmed indemnity for damages to property on the surface and any business interruption associated.

The claim process for the remaining balance of surface property damage and associated business interruption is ongoing.

The company expects that their HY2023 results will include total non-cash impairments relating to Capricorn Copper clustered between A$180 and A$210 million.

29Metals is a prominent metal mining company with an extensive portfolio of high-quality base metals projects across Australia.

<WIRE> Avjennings Halts Their Share Buyback (ASX:AVJ)

Avjennings (ASX:AVJ) announced that they have suspended their share buyback operation.

Despite this, the medium-term outlook for the housing sector remains optimistic.

However, market conditions are projected to stay subdued in the short term.

Avjennings (ASX:AVJ) is highly committed to the conversion of AU$130M presales to FY24 settlements.

Avjennings is a well-known company in the housing sector that is recognized for its agility and adaptability to market conditions.

<WIRE> Pengana International Equities (ASX:PIA) Reports FY Income from Ordinary Activities at A$55.7 Million

Pengana International Equities (ASX:PIA) says its fiscal year income from ordinary activities totals A$55.7 million.

The company also reports an annual profit from ordinary activities after tax benefitting them A$38.4 million, a vast improvement from the previous year’s A$61.7 million loss.

Pengana International Equities is an asset management company specializing in global equities.

<WIRE> Avjennings (ASX:AVJ) Reports Fiscal Year Profit of A$21.3 Million

Avjennings (ASX:AVJ) announced its fiscal year profit at A$21.3 million, a 62.6% increase from the previous year.

The company reported year-round revenues of A$274.3 million compared to A$222.8 million.

Avjennings cautioned that muted sales levels could persist due to uncertainties in the interest rate cycle and inflation moderation.

However, the company expressed optimism that consumer confidence could translate into increased demand as the macroeconomic environment stabilized.

Enquiry levels remained consistent with long-term levels, hinting at a rise in customer demand.

Avjennings is a leading residential property development company in Australia.

<WIRE> Iress Estimates Underlying EBITDA Growth Of 5-10% In FY24 (ASX:IRE)

Iress (ASX:IRE) has estimated an underlying EBITDA growth of 5-10% in FY24.

The firm also foresees their FY24 exit run-rate underlying EBITDA to be 20-30% higher than FY23.

Additionally, they expect a softening in revenue growth in the latter half of 2023.

Iress’s underlying EBITDA expectations have been lowered for the second half of 2023, predicted to be broadly flat in comparison with the first half of the year.

Iress is an Australian-based software company specializing in developing software systems and services for financial markets and wealth management.

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<WIRE> Bluescope Steel (ASX:BSL) Announces Final Dividend Of 25 Australian Cents Per Share

BlueScope Steel (ASX:BSL) has declared a final dividend of 25 Australian cents per share.

The company’s underlying EBIT in the first half of FY2024 is projected to be in the range of A$700 million to A$770 million.

BlueScope Steel (ASX:BSL) has also announced an increase in its share buy-back program, permitting up to A$400 million to be repurchased over the subsequent twelve months.

BlueScope Steel is an Australian steel company globally known for its high-quality flat steel products and steel building solutions.