Aankondiging • Jun 16
Qube Holdings Limited Declares Fully Franked Special Dividend, Payable on 23 July 2026 Qube Holdings Limited subject to and following the Scheme becoming effective, the Qube Board intends to declare and pay a fully franked Special Dividend of $0.3465 cash per fully paid ordinary share. Declaration of a Special Dividend remains in the Qube Board's absolute discretion. Qube Special Dividend record date Tuesday, 14 July 2026, Qube Special Dividend payment date Thursday, 23 July 2026. Aankondiging • Nov 24
Macquarie Asset Management Pty Limited proposed to acquire Qube Holdings Limited (ASX:QUB) for AUD 9.2 billion. Macquarie Asset Management Pty Limited entered into a process deed to acquire Qube Holdings Limited (ASX:QUB) for AUD 9.2 billion on November 23, 2025. A cash consideration valued at AUD 5.2 per share will be paid by Macquarie Asset Management.
The transaction is subject to Satisfactory completion of due diligence on Qube and its operations by MAM, entry into a Scheme Implementation Agreement on customary terms and conditions, a unanimous Qube Board recommendation, final approvals from the Qube Board and MAM and approvals from Foreign Investment Review Board and Australian Competition & Consumer Commission. UBS acted as financial advisor for Qube Holdings Limited. Allens acted as legal advisor for Qube Holdings Limited. Aankondiging • Sep 22
Qube Holdings Limited, Annual General Meeting, Nov 20, 2025 Qube Holdings Limited, Annual General Meeting, Nov 20, 2025. Aankondiging • Aug 21
Qube Holdings Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2025, Payable on October 14, 2025 Qube Holdings Limited announced Ordinary fully franked dividend of AUD 0.05700000 per share for the six months ended June 30, 2025. Record Date is September 16, 2025. Ex Date is September 15, 2025. Payment Date is October 14, 2025. Aankondiging • Apr 11
Qube Holdings Limited Announces Resignation of Jackie Mcarthur as A Non-Executive Director, Effective 22 May 2025 Qube Holdings Limited announced the resignation of Jackie McArthur as a non-executive director, effective 22 May 2025. Aankondiging • Feb 20
Qube Holdings Limited Announces Board and Committee Changes Qube Holdings Limited announced the appointment of Mick McCormack to the board of directors, effective 1 May 2025. Mr. McCormack brings over 40 years' experience in the energy and infrastructure sectors to the board, including 14 years' experience as the Managing Director and CEO of leading Australian energy infrastructure business, APA Group. Prior to joining APA in 2000, Mr. McCormack held various senior management role with AGL Energy. Mr. McCormack is also a non-executive director of both Origin Energy Limited and Whitehaven Coal Limited and recently announced he will step down as a non-executive director and Chairman of Central Petroleum Limited on 30 April 2025. He also serves on the board of the Clontarf Foundation, the Australian Brandenburg Orchestra Foundation and the Origin Energy Foundation. Mr. McCormack holds a Master of Business Administration from the University of Queensland, a Graduate Diploma of Engineering from Monash University, and a Bachelor of Applied Science from the University of Queensland. In addition to Mr. McCormack's appointment, Mr. Davies announced the following changes to the membership of Qube Board subcommittees, effective 20 February 2025: James Fazzino will replace Steve Mann as Chair of the Audit and Risk Management Committee. Mr. Mann will remain a member of the ARMC. John Bevan will replace Jill Hoffmann as a member of the Nomination and Remuneration Committee. Aankondiging • Dec 27
Qube Holdings Limited Announces the Appointment of John Bevan to the Board of Directors, Effective 1 January 2025 Qube Holdings Limited announced the appointment of John Bevan to the board of directors, effective 1 January 2025. Bevan brings extensive executive and non-executive experience to the board, including as the former Chief Executive Officer and Executive Director of Alumina Limited and from a variety of executive and senior management positions over a more than 25 year career with the BOC Group Plc, in Australia, Asia, and the United Kingdom. Bevan has also previously served as a non-executive director of Alumina Limited, BlueScope Steel Limited, Nuplex Industries, and Ansell and currently serves as a non-executive director of Alcoa Corporation and Balmoral Iron. Mr. Bevan was Chair at both Blue Scope Steel from 2015 to 2023 and Ansell from 2018 to 2023. Bevan holds a Bachelor of Commerce and Marketing from the University of New South Wales. Buy Or Sell Opportunity • Nov 06
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 6.5% to €2.30. The fair value is estimated to be €1.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Aankondiging • Oct 17
Sam Kaplan Not to Stand for Re-Election as Deputy Chairman of Qube Holdings Limited Qube Holdings Limited announced that Deputy Chairman, Sam Kaplan, will retire from the Qube Board at the conclusion of the 2024 Annual General Meeting, having decided not to seek re-election. When Qube Holdings was formed in 2011, Sam then joined the Qube Board as Deputy Chairman and has played a significant role in guiding the strategic direction of the business throughout his tenure, including at various times as Chair of the Nomination and Remuneration Committee and Chair of the Audit and Risk Management Committee. While Sam is stepping down, it is intended that he will continue to provide strategic advice to Qube, including representing Qube on the Board of Patrick Terminals. The Board succession remained an ongoing focus and a new Board appointment will be announced in due course, noting that the Board does not intend to retain the position of Deputy Chair going forward. Buy Or Sell Opportunity • Oct 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.5% to €2.38. The fair value is estimated to be €1.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Buy Or Sell Opportunity • Sep 24
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.0% to €2.42. The fair value is estimated to be €1.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Upcoming Dividend • Sep 09
Upcoming dividend of AU$0.051 per share Eligible shareholders must have bought the stock before 16 September 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.8%). Declared Dividend • Aug 25
Final dividend of AU$0.051 announced Shareholders will receive a dividend of AU$0.051. Ex-date: 16th September 2024 Payment date: 15th October 2024 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Aug 24
Qube Holdings Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on October 15, 2024 Qube Holdings Limited announced Ordinary fully franked dividend of AUD 0.05150000 per share for the six months ended June 30, 2024. Record Date is September 17, 2024. Ex Date is September 16, 2024. Payment Date is October 15, 2024. Reported Earnings • Aug 22
Full year 2024 earnings released: EPS: AU$0.13 (vs AU$0.10 in FY 2023) Full year 2024 results: EPS: AU$0.13 (up from AU$0.10 in FY 2023). Revenue: AU$3.36b (up 17% from FY 2023). Net income: AU$227.0m (up 29% from FY 2023). Profit margin: 6.8% (up from 6.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 27
Upcoming dividend of AU$0.04 per share Eligible shareholders must have bought the stock before 05 March 2024. Payment date: 11 April 2024. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.2%). In line with average of industry peers (2.8%). Declared Dividend • Feb 25
First half dividend of AU$0.04 announced Shareholders will receive a dividend of AU$0.04. Ex-date: 5th March 2024 Payment date: 11th April 2024 Dividend yield will be 3.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 23
First half 2024 earnings released: EPS: AU$0.065 (vs AU$0.06 in 1H 2023) First half 2024 results: EPS: AU$0.065 (up from AU$0.06 in 1H 2023). Revenue: AU$1.56b (up 8.5% from 1H 2023). Net income: AU$114.0m (up 7.5% from 1H 2023). Profit margin: 7.3% (down from 7.4% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 05
Qube Holdings Limited Announces Retirement of Ross Burney as Director Qube Holdings Limited announced the retirement of long-standing non-executive Director, Mr. Ross Burney, effective 22 February 2024. Burney has been a director of Qube since its incorporation in 2011, having also served as a member of the investment advisory committee that undertook the preparatory work leading to Qube's successful corporatization. Aankondiging • Jan 15
Qube Holdings Limited Announces James Fazzino Will Join the Board of Directors from 22 February 2024 Qube announced that Mr. James Fazzino will join the board of directors of Qube Holdings Limited from 22 February 2024. Mr. Fazzino has had an extensive executive career in agribusiness, mining, manufacturing and chemical industries working in senior roles across a diverse range of organisations. In particular, Mr. Fazzino was Chief Financial Officer, Chief Executive Officer and Managing Director at industrial chemicals manufacturer Incitec Pivot Limited where he led the successful globalisation of the business including the construction of two large chemical plants in Australia and the United States. Mr. Fazzino is a non-executive director of energy infrastructure business APA Group and Chair of its Sustainability Committee. He is also a non-executive director and Chair (elect) of Rabobank Australia Limited, Chair of Manufacturing Australia and a former Chair of Tassal Limited. Mr. Fazzino graduated from La Trobe University with a Bachelor of Economics (Hons). He is a Vice-Chancellor's Fellow of La Trobe University, a fellow of CPA Australia and was a past co-convenor of the Energy Group of the Champions of Change Coalition. Aankondiging • Dec 15
Qube Holdings Limited Appoints Ms Jill Hoffmann as Director to the Board Effective 15 December 2023 Qube Holdings Limited announces the appointment of Ms Jill Hoffmann to the board of directors of Qube Holdings Limited, effective 15 December 2023. Ms Hoffmann has more than 30 years' experience in the energy sector and across a broad range of roles including shipping, operations, supply chain, renewables, crisis management, corporate social responsibility, environment and heritage, marketing and trading. She is currently non-executive director at Strike Energy and a former Chair of Fremantle Ports, where she was also Chair of the Audit and Risk committee. Ms Hoffmann holds a Master of Business Administration from Henley Management College, England and a Bachelor of Business, Massey University, New Zealand. She is also a Fellow of the Australian Institute of Company Directors. Aankondiging • Oct 10
Qube Holdings Limited Announces Retirement of Nicole Hollows as Independent Non-Executive Director, Effective 10 November 2023 Qube Holdings Limited announced that Ms Nicole Hollows will retire as an independent non-executive director of Qube Holdings, effective 10 November 2023. Upcoming Dividend • Sep 11
Upcoming dividend of AU$0.043 per share at 2.9% yield Eligible shareholders must have bought the stock before 18 September 2023. Payment date: 17 October 2023. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (3.2%). Aankondiging • Aug 24
Qube Holdings Limited Announces Final Fully Franked Dividend for the Year Ended 30 June 2023, Payable on 17 October 2023 Qube Holdings Limited announced final fully franked dividend for the year ended 30 June 2023 of 4.35 cents per share, Payable on 17 October 2023 (2022: 3.3 cents per fully paid share paid on 18 October 2022). Record Date: 19 September 2023. Upcoming Dividend • Feb 28
Upcoming dividend of AU$0.037 per share at 2.0% yield Eligible shareholders must have bought the stock before 07 March 2023. Payment date: 13 April 2023. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.3%). Reported Earnings • Feb 24
First half 2023 earnings released: EPS: AU$0.06 (vs AU$0.038 in 1H 2022) First half 2023 results: EPS: AU$0.06 (up from AU$0.038 in 1H 2022). Revenue: AU$1.44b (up 23% from 1H 2022). Net income: AU$106.0m (up 45% from 1H 2022). Profit margin: 7.4% (up from 6.3% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 12
Upcoming dividend of AU$0.04 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 18 October 2022. Payout ratio is on the higher end at 89% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%). Reported Earnings • Aug 26
Full year 2022 earnings released: EPS: AU$0.071 (vs AU$0.023 loss in FY 2021) Full year 2022 results: EPS: AU$0.071 (up from AU$0.023 loss in FY 2021). Revenue: AU$2.48b (up 27% from FY 2021). Net income: AU$134.9m (up AU$178.9m from FY 2021). Profit margin: 5.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 16% growth forecast for the Infrastructure industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 01
Upcoming dividend of AU$0.03 per share Eligible shareholders must have bought the stock before 08 March 2022. Payment date: 08 April 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.4%). In line with average of industry peers (1.9%). Reported Earnings • Feb 25
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: AU$0.038 (up from AU$0.026 in 1H 2021). Revenue: AU$1.17b (up 28% from 1H 2021). Net income: AU$73.3m (up 52% from 1H 2021). Profit margin: 6.3% (up from 5.3% in 1H 2021). Revenue exceeded analyst estimates by 16%. Over the next year, revenue is forecast to grow 10%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Oct 14
Independent Director recently bought €52k worth of stock On the 12th of October, Jacqueline McArthur bought around 25k shares on-market at roughly €2.07 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €71k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 26
Full year 2021 earnings released: AU$0.023 loss per share (vs AU$0.052 profit in FY 2020) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: AU$1.96b (up 7.0% from FY 2020). Net loss: AU$44.0m (down 150% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 04
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 03
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 03
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Executive Departure • Jul 03
Executive Director Maurice James has left the company On the 1st of July, Maurice James was replaced as CEO by Paul Digney. As of March 2021, Maurice still personally held 10.10m shares (€12m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.08 years. Upcoming Dividend • Mar 02
Upcoming Dividend of AU$0.025 Per Share Will be paid on the 8th of April to those who are registered shareholders by the 9th of March. The trailing yield of 1.6% is below the top quartile of German dividend payers (3.4%), and is lower than industry peers (4.3%). Reported Earnings • Feb 28
First half 2021 earnings released: EPS AU$0.031 (vs AU$0.032 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: AU$920.8m (down 2.4% from 1H 2020). Net income: AU$57.8m (up 12% from 1H 2020). Profit margin: 6.3% (up from 5.5% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue misses expectations Revenue missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 12% while theInfrastructure industry in Germany is not expected to grow. Is New 90 Day High Low • Feb 04
New 90-day high: €1.89 The company is up 9.0% from its price of €1.73 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.89 per share. Is New 90 Day High Low • Nov 09
New 90-day high: €1.76 The company is up 2.0% from its price of €1.72 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.38 per share. Is New 90 Day High Low • Sep 30
New 90-day low: €1.49 The company is down 12% from its price of €1.70 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Infrastructure industry, which is also down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.30 per share. 