CCP +16.19% is a very volatile stock, particularly around results time and while it’s been a poor performer over the past 12 months, it did have a similar rally this time last year. Today, their FY25 results were inline with expectations, though their FY26 guidance was strong – hopefully a sign of things to come:
- FY25 Revenue of $545.6 up +15% smack on consensus
- FY25 Profit (NPAT) $94.09m up +86% was inline
- Dividend of 36c FF
Guidance for ~12% profit (NPAT) growth to $100–110 million (consensus $101m) and ledger investment of $280–330 million represented a bullish outlook and would require a step up in the US.
- A solid result but not one for us
MM is neutral CCP ~$18
Add To Hit List
