Reporting Season – Suncorp Group Ltd

This morning Suncorp (SUN), the Queensland based insurer and bank operator, delivered a strong result continuing its performance from the first half of the year. The HNW Portfolios have a 2.5% weight to SUN. Key Points: Record Profits:  2023 proved to [...]

2023-08-17T15:49:48+10:00August 9, 2023|

Reporting Season – Commonwealth Bank

Commonwealth Bank (CBA):  reported their full-year results for the 2023 financial year, which were very solid, as expected. Due to the breadth of its lending activities touching every sector, CBA is watched very closely for a read on the broader [...]

2023-08-17T15:49:30+10:00August 9, 2023|

Portfolio Update – Incitec Pivot

Incitec Pivot (IPL) Today, the global fertiliser and explosives manufacturer, reported its first-half 2023 results, which were weaker than sell-side expectations, but ahead of our expectations. HNW Equity and Income  Portfolio hold a 3% weighting to IPL. Key Points: Solid Profits:  First [...]

2023-06-08T13:05:28+10:00May 17, 2023|
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