Reporting Season Wrap: Mixed results, cautious outlooks
Market Analyst Steven Daghlian wraps up the full year profit reporting season, covering key takeaways, highlights and themes from some of the Aussie market’s major sectors and stocks.
August 2024 Reporting Season Calendar
Reporting Season has now concluded. To help you keep track of earnings and dividends, check out our calendar with close to 200 results.
Dividend deluge
10 Sep 2024Just under $35 billion of dividends have been, or will be, paid to investors between August and October 2024, up 5 per cent on a year ago. Major miners again cut dividends, while financials pay out more to shareholders.
Zip Co (ZIP) CEO, Cynthia Scott
02 Sep 2024Zip Co (ZIP) CEO, Cynthia Scott speaks with Tom Piotrowski about the company’s full year results, the progress of its strategic priorities and the status of its US business. Additionally the pair also discuss the capital management outlook for the company and the impact to the business from macro environmental factors.
13:35
Woodside Energy Group (WDS) CEO, Meg O'Neill
28 Aug 2024Woodside Energy (WDS) CEO, Meg O’Neill speaks with Tom Piotrowski about the company’s half year results and the reasoning behind the recent acquisitions of Tellurian and Driftwood LNG. The pair also discuss the progress of the Scarborough project in WA, and the Sangomar development in Senegal.
9:20
Fortescue Full Year Result: Fortescue digs deep to limit dividend dive
28 Aug 2024Iron ore miner Fortescue (FMG) posted its third largest underlying profit, supported in part by higher commodity prices over the first half of the financial year.
3:28
BHP Group Full Year Result: Shares lift as investors strike while the iron is hot
27 Aug 2024BHP Group (BHP) – the world’s largest listed miner – posted a better-than-expected annual profit. Its profit was underpinned by record iron ore output for a second year and resilient prices, which offset weak coal prices and the sale of two of its coal mines.
3:52
Pilbara Minerals Full Year Result: Rocky profits as lithium prices dive
26 Aug 2024Pilbara Miners (PLS) - one of the world’s largest hard-rock lithium miners – posted a 69% drop in revenue and an 89% decline in net profit in FY2024 as lithium prices continued to suffer. Pilbara did not declare a final dividend in order to focus on project investments and preserve balance sheet strength.
3:37
Domino’s Pizza Full Year Result: Shares cooked as high costs take larger slice of profit
21 Aug 2024Domino’s Pizza Enterprises (DMP) – Australia’s largest pizza group – flags a weak start to FY25 as rising costs and frugal customers weigh on profits.
3:29
Telstra's Full Year Result: Shares rise as investors take comfort in underlying results
15 Aug 2024Telstra Group (TLS) – Australia’s largest Telco – posted a 16% fall in its full-year profit, as improved mobile earnings were balanced by the weakness in its Enterprise business and one off costs.
4:01
CSL's Full Year Result: Shares knocked for six despite bigger profits & larger dividend
13 Aug 2024CSL Limited (CSL) – Australia’s 3rd largest company – posted a lift in revenues, profits and dividend for the 12 months to 30 June 2024. While its largest unit, CSL Behring recorded double-digit growth in revenue, both Seqirus and Vifor posted more modest improvements.
3:42
Rio Tinto’s Half Year Result: Higher profit and a focus on growth
31 Jul 2024Rio Tinto (RIO) - the world’s second largest miner by market value - posted a 14% lift in net profit and slightly higher sales revenue. The improvement in underlying EBITDA was supported by its copper and aluminium segments. Rio declared an interim dividend of US$1.77 per share, steady from the same time last year.
3:19
Reporting Season Preview: Results due as ASX breaches record high
25 Jul 2024August is one of the most important times of the year for investors. Hundreds of Aussie companies will post their annual results for the 12 months to June 2024. Market Analyst Steven Daghlian previews everything you need to know.
9:52
WAM Leaders (WLE), Senior Investment Analyst, Anna Milne
18 Jul 2024WAM Leaders (WLE), Senior Investment Analyst, Anna Milne speaks with Tom Piotrowski about the upcoming reporting season, the market’s recent performance and the impact of potential interest rate moves. She provides insights into multiple sectors including mining, healthcare, REITs (real estate) and consumer facing stocks. The discussion also covered companies like BHP, Rio Tinto, Fortescue, CSL, Goodman Group, Dexus, Endeavour and more.
10:57
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