Economy / WORLD

NEXTDC cuts FY27 guidance after Melbourne power delay

NEXTDC said on 21 October that the next grid-capacity increase for its M3 Melbourne data centre had been delayed to FY28 and revised FY27 guidance. The ranges exclude affected M3 customer contracts.

Reading sizeSources ↓Share story ↗
Conceptual illustration of the global economy and trade connections.Illustration
Symbolic illustration

Revised FY27 guidance excludes affected M3 customer contracts: A$475–500 million net revenue, A$245–265 million underlying EBITDA and A$4.5–5 billion capital expenditure. These are forward-looking company estimates.

Data

Table

Reported figure

Value reported by the source; guidance and forecasts are not realized results.

FY27 net revenue lower bound475
Methodology

Value and unit transcribed from the release.

Updated:

Structured coverage

Subjects and places

Subject proposals

Geographic references

Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.

  • Australia · Place role: Coverage · Place type: Country or area · Location precision: Regional
    Evidence
Taxonomy version: IPTC Media Topics 2026-Q2

Continue reading

Economy

Infinity Metals begins drilling at Yambacoona tin project

Infinity Metals announced on 21 October that aircore drilling had started at its Yambacoona project in New South Wales. The company said it owns 100% of the project.

Infinity Metals Limited (ASX issuer announcement)1 min read Data included
Economy

Scott Technology revenue rises 7% in FY26

New Zealand automation company Scott Technology reported NZ$294.1 million in FY26 revenue and NZ$36.1 million in operating EBITDA; food-sector equipment is part of its business mix.

Scott Technology Limited via NZX Market Announcements6 min read Data included