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Latest news: Earnings
IAG announces $200m share buyback, raises dividend
Insurance Group Australia says its profit from insurance was up 75 per cent to $614 million in the six months to December 31.
Feb 16, 2024
Surging Kmart sales help Wesfarmers grow H1 profit
Kmart's value proposition resonated with shoppers in the first half of 2023/24, helping Wesfarmers lift its profit by three per cent to $1.43 billion.
Feb 15, 2024
Whitehaven H1 profit plunges after lower coal prices
Cheap Russian coal and the costs of an acquisition have hit Whitehaven Coal's first-half profit after the exporter reported a substantial fall.
Feb 15, 2024
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Commonwealth Bank reports $5.02 billion H1 profit
Australia's biggest bank made $5 billion in profit in the first half, down three per cent from a year ago, but has raised its dividend.
Feb 14, 2024
Record first-half sales for Temple & Webster
Despite cost-of-living pressures, furniture e-retailer Temple & Webster says it had $254 million in first-half sales, up 23 per cent from a year ago.
Feb 13, 2024
Profits halve for Kerry Stokes' Seven West Media
Net profits after tax have halved to $63 million for Kerry Stokes' media conglomerate, while revenue has dropped five per cent.
Feb 13, 2024
'Vaccine fatigue' dampened CSL's first-half flu sales
CSL says new vaccines against shingles and the cold virus RSV have led to fewer people being immunised against the flu, but it still managed to grow sales.
Feb 13, 2024
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JB Hi-Fi beats expectations despite H1 profit fall
JB Hi-Fi shares rose five per cent in early trading after the consumer electronics retailer announced its net profit dropped 20 per cent in the first half.
Feb 12, 2024
Transurban half-year earnings up 7.5pct to $1.3b
Toll road operator Transurban says it had growth in all the markets it operates during the six months to December 31.
Feb 08, 2024
After $500m spend, IGO to mothball Cosmos nickel mine
IGO says it will place the under-developed Cosmos nickel mine it purchased just two years ago into care and maintenance mode, with layoffs expected.
Jan 31, 2024
Woolworths to declare $1.5b writeoff on NZ stores
Woolworths Group is writing off $1.5 billion in goodwill on the value of its NZ supermarkets after slowing sales in that country.
Jan 29, 2024
Did someone say KFC: cost of living fails to fry profit
Cost of living pressures haven't eaten into profits at KFC, as Australia's love of the fast food chain propelled Collins Foods to $522.9 million in sales.
Nov 28, 2023
Cashed-up Webjet finished first half with $634m in bank
Webjet has beaten earnings forecasts with a 39 per cent jump in revenue for the first half, but won't yet resume paying a dividend.
Nov 22, 2023
Life360 plans full launch in Australia after strong Q3
ASX-listed family networking app Life360 is planning to rollout its full product offering in Australia after strong growth in subscribers in the third quarter.
Nov 17, 2023
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Mineral Resources 'well-placed' for significant growth
Mid-tier mining company Mineral Resources has warned a move into downstream processing of battery minerals is "likely uneconomic" without government assistance.
Nov 16, 2023
ANZ joins this banking season's $7b earnings club
Environmental groups are calling out ANZ's climate commitments while analysts said $7.4 billion in profit was a slight miss to consensus estimates.
Nov 13, 2023
News Corp posts strong revenue to see off chair Murdoch
News Corporation is eyeing new tech horizons as it adjusts to life after Rupert, farewelling its talismanic chairman with better-than-expected earnings figures.
Nov 09, 2023
Nine's metro TV ad revenue falls as company eyes AI
Nine is facing declining ad revenues across its metro free-to-air channels, as the board assesses the threats and opportunities of artificial intelligence.
Nov 09, 2023
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Westpac posts $7b profit, launches $1.5b share buyback
Westpac has posted a 26 per cent rise in net profit of $7.2 billion for 2022/23 and released a climate report which will affect lending to farmers.
Nov 06, 2023
Besieged Qantas board cops brunt of shareholder anger
Heckling and protest votes greeted the Qantas board at the airline's annual general meeting where shareholders vented their frustration at a series of missteps.
Nov 03, 2023
Buy now, pay later co Zip enjoying strong start to FY24
Zip Co has upgraded guidance, saying it expects to be cash earnings positive for 2023/24 after a strong first quarter.
Oct 24, 2023
Transurban sees highest-ever traffic in first quarter
Transurban says 2.5 million motorists used its roads on average each day in the July to September period, up from 2.4 million in 2022/23.
Oct 18, 2023
Smiggle, Peter Alexander owner posts record FY sales
Premier Investments grew sales 9.7 per cent in 2022/23 despite higher cost-of-living pressures.
Sep 28, 2023
Myer's best sales level in nearly two decades last year
Myer has total sales of $3.37 billion in 2022/23, its most since 2005, but sales are down so far in the new fiscal year as consumers tighten their belts.
Sep 14, 2023
Future Fund posts six per cent return, grows to $206b
The Future Fund stood at a record $206.1 billion as of June 30 after posting a six per cent annual return.
Aug 30, 2023
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