February 2016 Reporting Season

Intelligent Investor

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

Andrew Stanley

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

Platypus Asset Management

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

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

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