ASX:PFP

3 stories mentioning ASX:PFP

Every FINWIRES story that references ASX:PFP, newest first.

ASX Preview: Australian Shares Set to Fall as Oil Surges on Middle East Escalation; Treasury Wine Estates Projects Fiscal 2026 EBITS Outlook

Australian shares are poised to fall on Thursday as oil prices surged about 2% overnight amid renewed Middle East hostilities and stalled US-Iran talks, dampening sentiment across global markets.The gains in crude were driven by regional escalation after Iran fired ballistic missiles at Kuwait and Bahrain, reinforcing supply concerns alongside tighter inventory data.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average fell 0.7%, 0.9%, and 1.2%, respectively.In the macroeconomy, investors are eyeing the speeches by Reserve Bank of Australia Governor Michele Bullock and Assistant Governor Christopher Kent.The international trade in goods report is due at 11:30 am Sydney time.In corporate news, Treasury Wine Estates (ASX:TWE) expected fiscal year 2026 earnings before interest, tax, material items, and self-generating and regenerating assets (EBITS) to reach AU$480 million to AU$490 million.Propel Funeral Partners (ASX:PFP) agreed to acquire three funeral service providers as well as related assets, infrastructure, and real estate in New Zealand for up to AU$9.1 million.Australia's benchmark index rose 0.7% or 61.3 points to close at 8,785.70 on Wednesday.

ASX 200ASX:PFPASX:TWE

Asia11d ago

Propel Funeral Partners to Acquire Three NZ Funeral Service Providers

Propel Funeral Partners (ASX:PFP) agreed to acquire three funeral service providers as well as related assets, infrastructure, and real estate in New Zealand for up to AU$9.1 million, according to a Thursday filing with the Australian bourse.The acquisitions relate to Evans Funeral Services, Leishman Funeral Services, and Collingwood Funeral Home, the filing said.The total consideration comprises AU$8.3 million in cash payable on completion and up to AU$800,000 in cash payable on the achievement of certain financial milestones during a four-year earn-out period.Additionally, the company provided a fiscal year 2026 revenue guidance range of AU$225 million to AU$230 million.The company also expects operating earnings before interest, taxes, depreciation, and amortization of between AU$54.5 million and AU$56.5 million in the fiscal year, per the filing.

ASX:PFP

Asia27d ago

Propel Funeral Partners Says Washington H. Soul Pattinson Becomes Substantial Holder

Propel Funeral Partners (ASX:PFP) received notice that Washington H. Soul Pattinson (ASX:SOL) and its subsidiaries became a substantial holder of the company on May 14, according to a Tuesday filing with the Australian bourse.Washington H. Soul Pattinson now owns 6.9 million shares in the company, representing 5.03% of the issued shares, the filing said.

ASX:PFPASX:SOL