Month: August 2021
FY21 Result: The bull bar and four-wheel drive accessory business had a great year in an absolute sense and they met/beat expectations in a relative sense booking revenue of $625 (inline), NPAT of $112.8m (~4% beat & up 97% in FY20).
FY21 Result: A strong result out of the alternative personal lender today. Large parts of the results were pre-released however revenue was in line at $145m, up 17% for the year.
MFG -8%: FY21 Results: The fund manager was hit hard today following a weaker than expected FY21 result that missed profit expectations by ~4% while the dividend of $2.11 was inline
PPS -3.97%: FY21 result out this morning was a miss to expectations and the stock has tumbled as a result. Revenue came in at $65.6m was a 7% miss, and EBITDA at $14.2m was a 13% miss to consensus.
FY21 Result: Lendlease (LLC) reported full year results this morning that were below expectations by around 4%. While core operating profit of $377m was up 83% YoY, it was around 4% below expectations.
Bluescope (BSL) FY21 Results: A very strong update from BSL this morning with a ‘beat’ overall. Revenue of $12.87b (small beat), EBIT of $1.72bn (small beat) & an underlying NPAT of $1.19bn was a strong beat v the $1.17bn expected.
FY21 Result: A huge full year result expected here from MIN with revenue up 80% to $3.8bn, EBITDA of $2.03b & NPAT of $1.2bn. They’re just out with numbers and it’s a slight miss at the revenue and EBITDA lines printing $3.7bn & $1.9bn respectively.
The share registry released their earnings after market yesterday and were slightly ahead expectations. They had upgraded guidance for EPS of 51.77cps and they delivered 52.03cps.
Cash earnings of $747m & a 20cps FY21 dividend, an underlying insurance margin of 14.7% and the reintroduction of guidance which is for low single digit Gross Written Premium (GWP) growth and reported insurance margins of 13.5-14.5%.
FY21 Result: A big result was expected and is clearly priced into the market with CBA trading at all-time highs of $106.56 – and they’ve certainly delivered on that this morning. Cash profit for FY21 from continuing operations was expected to be $8.6bn, they’ve delivered $8.65bn which is up 19.8% on FY20. A full year dividend of $3.42 expected (2H dividend of $1.92 which is up from $1.50 in the 1H) and they’ve delivered $3.50 ($2.00 in 2H).
