Reporting Season

Just over $32 billion of dividends will be paid to investors between August and October, down 24 per cent on a year ago. In our latest report, we analyse the dividend payouts post the August 2023 Earnings Season and unpack what it means for investors.

Buy now pay later service provider ZIP Co (ZIP) narrowed its losses to $414m over the 12 months to 30 June 2023, from $1.1b in FY22. This result was driven by record revenue, transaction volume and transaction numbers.

WiseTech Global Ltd (WTC) Founder & CEO, Richard White speaks with Tom Piotrowski about the company’s full-year results, its key achievements during the year including the recent acquisitions.

Transurban Group (TCL) CEO, Scott Charlton speaks with Tom Piotrowski about the company’s full year results, the selection process for his successor Michelle Jablko, and why the toll road operator benefits from an inflationary environment. 

Woodside Energy Group (WDS) CEO, Meg O'Neill speaks with Tom Piotrowski about the company’s half year results, the outlook for oil and LNG prices, as well as the current status of its Scarborough and Trion projects. In addition, the pair also discuss developments in Woodside’s hydrogen business.

The world’s fourth largest iron ore miner Fortescue Metals Group (FMG) reported a 23% drop in annual profit to US$4.8 billion amid a slump in iron ore prices and soaring Iron Bridge project costs. 

The world’s largest hard-rock lithium miner, Pilbara Minerals (PLS) posted a record result, with its profit quadrupling to $2.4bn, allowing the group to declare only its second ever dividend. 

Australia’s flagship airline Qantas Airways (QAN) has posted a record annual profit, underpinned by a strong rebound in travel demand, and announced a share buyback of $500 million.

Australia’s largest supermarket retailer Woolworths (WOW) posted modestly higher sales and underlying profit growth over the 12 months to 30 June 2023. The final dividend was up 9.4% over the year to 58c a share. The result was boosted by food inflation as well as more consumers eating their meals at home rather than at cafes and restaurants. 

Australia’s largest company BHP Limited (BHP) reported a slide in full year profit, reflecting lower commodity prices and higher costs, which are expected to remain a factor in the coming year.

Australia’s largest telco Telstra (TLS), posted a lift in revenue, underlying EBITDA and net profit lifted over the 12 months to 30 June 2023. It decided to maintain ownership of InfraCo to create value for shareholders.

Hotel & bottle shop operator Endeavour Group (EDV) reported full results that were in line with analyst’s expectations, although a lack accompanying guidance unsettled investors at time when the organisation is being challenged by the regulatory outlook for gaming machines.

Australia’s third largest company CSL Limited (CSL) posted a lift in sales, profits and its dividend (at constant currency) over the 12 months to 30 June 2023. The result was boosted by record plasma collections, flu vaccine sales and cost savings, while a firmer US dollar held back earnings. 

Tribeca Investment Partners Portfolio Manager, Jun Bei Liu speaks with Tom Piotrowski about the factors currently influencing the market and company profits ahead of Australia’s reporting season. Jun highlights the impacts of a challenging inflation environment, China’s reopening and the key things to look for this reporting season.

A look at how balance sheets and profit and loss statements work, as well as some financial ratios that can help inform your investing decisions. 

A look at dividends which form an important part of an investor's strategy and heavily influences how they choose which companies to buy.