Australia’s healthcare sector is world class. Here we rank the best performers based on growth, margins, competitive advantages and more. The S&P/ASX 200 Healthcare Index has returned 247% over the past 10 years, compared to just 54% for the All Ordinaries. Healthcare beat every other sector hands down. Show More
Reporting season for corporates was a key driver of stock movements for February. Brambles Limited’s (ASX:BXB) global transport business produced a solid profit result for the first half of its financial year, together with an increase to profit guidance for the full year. Noteworthy features were solid margin results for... Show More
Treasury Wine Estates today announced a fixed remuneration increase for the MD/CEO Michael Clarke, taking his fixed remuneration from $1.7 million to $2.2 million (with effect from 1 March 2016). What makes this announcement of interest is that the Board has brought forward a remuneration review contractually scheduled for 1... Show More
February 2016’s results reporting season was certainly a moment and perhaps no results report captured the spirit of the season better than Slater and Gordon’s interim results announcement on Monday 29 February 2016: statutory NLAT of $958.3 million due to an $876.4 million non-cash impairment charge of which $814.2 million... Show More
CommSec Chief Economist Craig James reviews the results from the February 2016 earnings season. Of the companies analysed, Almost 90% of those reporting half-year earnings reported a profit – near record levels For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
The February reporting season was predictably tough, as evidenced in the price action and earnings downgrades of individual stocks. For every company that made a fifty-two week high, two made an annual low. The market seemed to set the bar extremely high, severely punishing companies that disappointed, yet showing no... Show More
Under every impressive airline is a bad business itching to get out and Qantas, despite its recent profit, is no exception. Show More
Santos reported its 2015 results this morning: statutory NLAT of $2.7 billion includes impairments of $2.8 billion after tax. Production of 57,7 mmboe was up 7% on the pcp, while sales volume of 65.3 mmboe was up slightly on FY14 sales volume of 63.7 mmboe. On an underlying basis, NPAT... Show More
Insurance Australia Group (IAG) posted a 19.5% slump in first half profit to $466 million, which was above the market’s expectations. The result was held back most by $1.6 billion in reinsurance expenses due to a deal with Berkshire Hathaway For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Woodside Petroleum reported statutory NPAT of US$26 million for year ended 31 December 2015, down 99% on the pcp, with adjusted NPAT (removing one-off non-cash items of US$1.085 billion) of US$1.126 billion down 57% on the pcp. The short term incentive company scorecard outcome of 1.35 of out 2, reflects... Show More
The S&P/ASX 200 A-REIT Index has delivered total annual returns of 7.3%, 14.6% and 15.0% over the past 12 months, 3 years and 5 years respectively. In doing so, it has comfortably outperformed both the All Ordinaries and S&P/ASX 200 indices over the same time frames. Incredibly, the A-REIT Index... Show More
ASX released its half year results today...but the area that caught my eye is slide 15 in the presentation pack outlining the opportunities for ASX from distributed ledger technology for post-trade innovation. On the issuer/listed company side, ASX notes electronic AGMS, streamlined/automated corporate actions and improved shareholder analytics. On the... Show More
AGL Energy has announced a decision to cease exploration and production of natural gas assets at Moranbah, Silver Springs and Spring Gully. The company expects to sell all of these assets with the exception of the gas storage and related plant at Silver Springs, Moranbah. Note today's announcement indicates this... Show More
Late today Ansell released revised FY16 EPS guidance to fall within the range of US$0.95 to US$1.10. Guidance provided at its 2015 AGM was for EPS to fall within the range of US$1.05 to US$1.20. A few details of 1H16 results: Overall sales of approximately US$785 million are down 7%... Show More