CEO Update: A Message from George Yammouni

Colleagues,

This is my second update for 2025, I hope you have all started the year well.

Australian PMI

The S&P Global Australia Manufacturing PMI remained steady at 51.0 in June, no change from the previous month. New business activities stalled this month, demand remained unchanged, however, production returned to growth this month helped by faster services activity. The manufacturing sector also reported growth in jobs.

Due to rising shipping and raw material input costs, inflation has risen, resulting in manufactures cutting back on inventory. Sentiment was reported at its lowest this month, since October 2024.

New Zealand PMI

The Manufacturing PMI in New Zealand decreased by 5.8 points to 47.50 in the month of May, this is the second month of trending downwards, since the highs of Feb, March and April of around 54 points. All indices fell this month, with employment falling to its lowest since July 2024. Negative sentiment is on the rise, resulting from weak orders, low business confidence, rising costs and economic uncertainty.

People at Headland

Since my last update we’ve had 8 new faces join our team.

We have been focused on building our team in WA as demand continues to grow:

• Azmir Siddique, WA Fabrication Engineer joined us in June, he has an electrical power engineering degree and experience in AMADA machinery.
• Brian Richardson – is a qualified A Grade electrician with a  background in industrial equipment, he started in April and is settling in well, a highly valued member of the team already.
• Matt Lester – WA Sales Territory Manager also started in April and joins the team to support our clients to find the most suitable technology and software to meet market demands.

We also continue to grow our service capabilities across the country with;

• Boopathy Subramani – joining our CNC applications team in April.
• Krishnakant Pathak – our plastics specialist who also started in April and is based in South Australia

Internal support new team members include:

• Sheetal Bali, Financial Controller just joined our expanding Finance team.
• And Steph Retallick – Customer Service Support QLD, started in May.
• We also welcome Sergio Tanus who recently joins our QLD team to manage CNC Sales for the region.

Company update

Recently we held our Leadership day in Melbourne with all of our leaders joining us from interstate and also New Zealand. This was a useful and productive two days to ensure our leaders are all aligned on our growth plans and how we can continue to improve our support and thought leadership to our client base.

We reported on our most recent Customer Experience scores and we have been pleased with the engaging responses from our clients and overall positive feedback and insights to help us on our journey of continual improvement.

We’re pleased with our ability to attract top talent to ensure our growth trajectory is maintained and we continue to provide best-in-class support and advice to the market. We’re focused on optimising our business for greater agility and ability to move to where the market needs us.

We look forward to continuing on our journey together.

 

Kind Regards,

George Yammouni