ARB Corporation (ARB) earnings soar
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) & DPS of 68cps (~4% beat). While no specific guidance was given, the Chairman Roger Brown said demand was still strong although cautioned around the potential impacts of the Delta strain which is making it hard to forecast. They’ll wait until their AGM on October 14 to give more details here. Shares were trading flat at time of writing.