Reporting Season – Suncorp
Suncorp (SUN): reported its financial results for the first half of 2023, which were the best set of numbers that we have seen for SUN over the past 20 years. Key Points: Profits UP: SUN reported a net profit of [...]
Suncorp (SUN): reported its financial results for the first half of 2023, which were the best set of numbers that we have seen for SUN over the past 20 years. Key Points: Profits UP: SUN reported a net profit of [...]
Amcor (AMC) This morning, packaging company Amcor (AMC) announced their results for first half 2023, which were in-line with upgraded guidance given in early November, another consistent result from this very consistent company founded in Melbourne during the 1860s. Key [...]
Dexus Industrial (DXI): industrial Real Estate Investment Trust reported their first half 2023 results which were more active than usual, with management shuffling the deck and trading assets. Key Points: Profits UP: Free Funds from operations up +9% to $27million, and [...]
This morning, shopping centre landlord Region Group released their first half of 2023 results, which were good, though overshadowed by the RBA rate rise in the afternoon. Since the last reporting season Shopping Centres Australasia Property Group (SCP) has been [...]
Global investment back Macquarie updated the markets today as to how the bank was travelling at the three-quarter mark of 2023 (MQG has a March year-end). Normally we don't comment on quarterly results, but this one was interesting, given management's [...]
Today toll road owner Transurban (TCL announced their first half 2023 results.A good set of results included an upgrade to FY23 distribution guidance which was a pleasant surprise. Key Points: Profits Flat: Profit Up: Record half-year profit up +53% to [...]
Today Janus Henderson, a global fund manager, presented their Q422 and Full Year 2022 results, which were significantly ahead of market expectations. Key Points: Profits Flat: Q4 earnings per share at US$0.61 flat and higher than market expectations of US$0.41 with [...]