Other Industrials

Intellectual property services company Xenith IP outperformed its prospectus in FY16 and brokers suggest growth opportunities abound.

Cleanaway Waste Management guides to improvement in FY17 across all divisions and flags the potential for bolt-on acquisitions.

Patent services and intellectual property business, IPH Ltd, is expanding its global position, with several acquisition targets in sight.

Vehicle leasing and fleet management service, SG Fleet, expects to maintain strong momentum in its core business while actively pursuing further acquisitions.

After a strong FY16, brokers laud the outlook for packaging company Orora, which is targeting organic growth as well as further investment in innovation and acquisitions.

Ansell beat low expectations in its FY16 results and its outlook for FY17 has re-ignited confidence, demonstrating some positive growth trends.

Royal Wolf is showing signs of a turnaround as it benefits from diversifying exposure away from the oil & gas sector.

SG Fleet has raised its profile in the UK with the acquisition of a fleet business, expected to provide a platform for further growth.

Several rail contracts are about to be awarded and success on any or all of the tenders could be a catalyst for re-rating Downer EDI, brokers note.

Education services provider Navitas received a lukewarm reception from brokers after its FY16 results as its growth outlook appears subdued.