Reporting Season

Aussie companies are expected to pay out and distribute the fewest dividends in four years in the coming months as sluggish demand from Australia’s largest trading partner, China, weighs on commodity prices, forcing ASX-listed miners to cut dividends. 

One of the world’s largest AI training providers, Appen (APX) narrowed its full year loss despite losing its key contract with Google. Its cost-cutting focus was instrumental to its performance, however softer volumes in the early part of the new year disappointed investors.

SGH Ltd (SGH) CEO, Ryan Stokes speaks with Tom Piotrowski about the company’s dividend policy and its half year results including the performance of its Boral and WesTrac businesses. In addition he shares his views on the mining cycle, criteria for further capital allocation opportunities for the company and more.                                                                                                                                                                                                                                              

The world’s fourth largest iron ore miner Fortescue (FMG) delivered significant declines in half year revenue, profit and dividend due to softer demand from China. While production edged higher, it fell well short of offsetting a 21% slump in realised iron ore prices and higher costs. 

BHP sees signs of economic recovery in China and central bank interest rate cuts reviving demand but flagged risks to global economic growth from potential trade tensions, as it logged its lowest first half profit in six years at US$5.1 billion at the end of last year. The world’s largest listed miner also cut its interim dividend to US50 cents per share, its lowest since 2017. 

CSL Limited (CSL) posted its half year results, with both its revenue and profit outcomes falling short of consensus. It has maintained its full year guidance. 

The half year profit reporting season is upon us, with hundreds of Australia’s largest companies set to post their results for the 6 months to 31 December 2024. Market Analyst Steven Daghlian previews everything you need to know.

Wilson Asset Management Lead Portfolio Manager, Oscar Oberg shares his views on key potential catalysts for big moves in share prices this reporting season, his outlook on small caps, what cheaper AI could mean for Aussie stocks and more.

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.