Latest news with #Activ
West Australian
23-07-2025
- Business
- West Australian
Disability support provider Activ Foundation to become genU after merger with Victorian provider
Disability support service Activ Foundation will be known as genU from September 1 after the WA organisation's merger with the Victorian provider. Activ and genU announced in 2024 that they were joining forces to broaden both organisations' service offerings across disability employment, accommodation, allied health, community programs, training and social enterprise. The merger will make genU one of the country's biggest NDIS providers. Chief corporate officer Kelly Marshall said the move would strengthen the calibre of services provided. 'Our current Activ clients won't see any change — they will continue to receive the same high-quality services, from the same friendly faces, in the same familiar places,' she said. Ms Marshall said that scaling up would allow the organisation to give stability for existing clients and ensure the organisation was 'prepared for the future and can continue to empower people to lead their best lives'. 'Our national presence gives us a strong foundation to advocate on behalf of our clients and the sector, and we are also expanding our national opportunities for partnerships and fundraising to reduce the reliance on government funding for core services,' she said. Proceeds from genU's WA-based fundraising initiatives will stay in the State to be invested back into local programs and services, including the Chevron City to Surf for Activ, which will become the Chevron City to Surf for genU from 2026.
News18
07-07-2025
- Business
- News18
Dabur Shares Jump 5% To 4-Month High After Robust Q1FY26 Business Update
Dabur shares surged 5% in intraday trade on Monday, July 7, reaching a four-month high; What investors should know Dabur Share Price Today: Dabur shares surged 5% in intraday trade on Monday, July 7, reaching a four-month high of Rs 571.70 apiece after the FMCG major expressed optimism about its India business. The company cited a recovery in urban consumption and sequential demand growth in the sector, driven by increased volumes. Dabur released its Q1FY26 business update on Friday. The projections were broadly in line with brokerage expectations, prompting analysts to maintain a positive stance on the stock. The company expects strong performance in its Home and Personal Care (HPC) segment, led by categories such as oral care, home care, and skincare. Key brands including Dabur Red Toothpaste, Odonil, Odomos, and Gulabari are anticipated to post robust growth along with market share gains. Additionally, Dabur expects its healthcare segment to register strong double-digit growth. Notably, Dabur Honitus is projected to deliver over 40% growth during the quarter. The company's international business is also expected to post double-digit constant currency growth, with strong performance from key geographies such as the MENA region, Turkey, Bangladesh, and the US-based Namaste business. While its beverage portfolio was impacted by unseasonal rains and a shorter summer, Dabur noted strong momentum in products like Activ Juices and Activ Coconut Water, with growth expected in the mid-teens. The company plans to focus more on its Activ portfolio to align with changing consumer preferences and reduce seasonal dependence. Due to the weakness in the beverages segment, Dabur expects consolidated revenue growth to remain in the low single digits for the quarter, while consolidated operating profit growth may slightly lag revenue growth. 'The fundamentals of the business remain strong, and we are continuing to invest behind our brands, expand distribution, strengthen our supply chain, and capture efficiencies to drive healthy growth in revenue and profitability for the year," Dabur said in its exchange filing on Friday.
