Ramsay Health Care (RHC) has reported a 12.7% lift in Core Net Profit after Tax of $542.7 million, while posting a weaker than expected $488.9 million full-year net profit for the 2017 financial year. https://youtu.be/U1cUrP8Ou3c Show More
Medibank Private Limited (MPL) reported group net profit of $449.5 million, better than markets had expected for the 2017 financial year. The headline result was boosted by stronger investment returns helping to offset lower revenue from its Medical health division. Medibank’s full year result was impacted by a fall... Show More
Energy producer, Santos Limited (STO) reported a net profit of US$156 million for the first half of 2017 against a US$5 million loss in 2016. The company has been in a rebuilding phase over the last 18 months and is well on the way to meeting its renewed strategy under... Show More
Woolworths (WOW) returned to profitability in FY17, posting a $1.5bn profit for the 12 months ended 25 June 2017, thanks to strong sales momentum at its core supermarket chain late in the year. While the headline result is a huge improvement on the $1.2bn lost last year, due to billions... Show More
The world’s largest mining company, BHP Billiton’s (BHP) full year numbers were a vast improvement on this time last year as the rebuilding phase nears completion. That being said, BHP’s underlying profit was below market expectations even with a massive 454% lift on last year. https://youtu.be/l7QFIiCEWzU Show More
ASX Limited (ASX) the operator of Australia's primary national securities exchanges reported FY17 numbers today. Underlying earnings for the year were slightly higher, boosted by greater trading volumes on the back of a lift in volatility and strong futures trading volumes. The ASX marked the 30th anniversary of its formation... Show More
COH’s total sales revenue increased by 12% in constant currency (CC) to $1,239.7 million in 2017, while total expenses rose by 10% in CC to $942.7 million. As a result EBIT rose 15% in CC to $315.6 million. The net profit result includes $20.0 million of currency translation impacts... Show More
Australia’s largest listed telco, Telstra (TLS) reported a softer than expected set of full year numbers and also advised the market it would be cutting its dividend payout ratio in the future. Revenue for the year fell 2.7%, total income also fell by 4.9% and its mobile revenue decreased... Show More
Gaming group, Tatts (TTS) posted a weaker than expected $220.5m net profit for the 12 months to 30 June 2017. The near 6% slide in earnings was driven by merger costs, fewer jackpots and bad weather which hurt its wagering business. Show More
After spinning off its Australian and New Zealand management businesses into a separate organisation (Scentre Group), Westfield Corporation is now primarily focussed on operating and building shopping malls in the US and the UK. The group reported a net profit of US$588.9 million in the first half year, an increase... Show More
West Australian based energy firm, Woodside Petroleum’s (WPL) half year results were largely in line with expectations. Investors were happy to see the first half dividend coming in higher than expected. https://youtu.be/AUPLmO579ec Show More
One of the country’s biggest developers, Stockland (SGP) posted a larger than expected lift in net profit for the year to June 2017, to $1,195 million. This result benefitted from Australia’s solid property market. Funds from Operations (FFO) – its preferred measure of performance as it adjusts for depreciation and... Show More
Origin Energy has reported a full year loss of $2,226 million in 2017. The main feature of the result was the impairment charge of more than $3 billion against the carry value of its assets reflecting weaker energy prices. https://youtu.be/peKIpGHsGOs Show More
JB Hi-Fi (JBH) posted a better than expected 36.5% lift in underlying profit for the 12 months to June 2017 to $207.7m. The result - which was slightly above the discount retailer’s own guidance - was boosted by the collapse of Dick Smith (reduced competition) and the near $900m purchase... Show More
Australia’s largest listed gold producer, Newcrest Mining Limited (NCM) posted a slightly weaker than expected full year underlying profit result. Net profit fell 7% to US$308 million. Underlying profit did increase by 22% boosted by an average lift in US$ per ounce of gold. The lift in price was offset... Show More
2017 will be the last full year period in which Ansell’s (AAN) Sexual Wellness unit will make a financial contribution to its bottom line. The previously announced sale of the Sexual Wellness business for $600 million, has meant the result comprised of figures for discontinued and continuing operations. The sale... Show More
Regional lender, Bendigo & Adelaide Bank (BEN) posted a slightly below consensus 4.2% rise in annual cash profit to $418.3m. The result was boosted by above industry average lending growth and a recent lift in some mortgage rates. Its bottom line was held back by APRA’s lending caps which were... Show More
CommSec's Tom Piotrowski speaks with Transurban Group (TCL) CEO, Scott Charlton about: Show More
AMP has reported a 15% drop in first-half net profit to $445 million from $523 million a year earlier. In underlying terms - a measure which removes the impact of one off events and focusses on the underlying performance of the business - profit rose by 4% to $533 million,... Show More