Specialty retailer, Harvey Norman (HVN) posted a record and above consensus 28% lift in annual profit to $449m. The result was driven by demand for furniture thanks to record low interest rates, a strong Australian property market, and favourable property revaluations. and was boosted by the collapse of Dick... Show More
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. 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. Show More
QBE reported a statutory net profit after tax of US$345 million, an increase of 30% from US$265 million in the previous corresponding period (pcp). Cash profit after tax, also rose by 30% to US$374 million from $287 million in the pcp. Adjusted net profit after tax increased by 76% to... 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. 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. 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
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
AGL Energy has posted a better than expected full year underlying profit of $802m - a 14.4% increase on the prior year. The result was boosted by solid demand, better base prices for wholesale electricity & higher margins. Show More
Toll road operator, Transurban (TCL) posted a mixed set of numbers for the year to 30 Jun 2017. A strong gain in traffic across most of its major toll roads (Sydney, Brisbane and the Greater Washington Area) helped lift revenue above forecasts. While underlying profits also beat forecasts, net profit... Show More
The National Australia Bank has reported a 2.3% rise in first-half cash profit to $3.29 billion and held its interim dividend at $0.99 per share. Show More
ANZ has unveiled a first-half cash profit of about $3.4 billion, just below analyst expectations of a $3.5 billion profit. Show More
Shares of gaming company, Aristocrat Leisure (ASX:ALL), rallied after management upgraded profit growth for the coming year to between 20-30% at the AGM in late February. Show More