Goodman Group lifts profit 11% to $924m
Goodman Group shares are enjoying their best day in six months after the industrial property group reported its full-year profit had risen 11.4 per cent.
Costa Group says it should still scrape in at the lower end of its revised full-year guidance despite setbacks across its fruit and vegetable operations.
Mayne Pharma has more than doubled its full-year losses after the company incurred a charge of $351.7 million due to the struggling generic market in the US.
Boral is selling its Midland Brick business to a consortium of Linc Property, Birchmead and Fini Group for $86 million.
Webjet shares have hit a six-month low despite the company comfortably meeting its earnings guidance and growing profit 45 per cent.
Excluding a full-year loss of $91.3 million, Southern Cross Media Group says its full-year underlying profit is up 3.1 per cent to $76.2 million.
Coca-Cola Amatil will deliver a special dividend on the sale of SPC but container deposit schemes and expansion costs have weighed on its Australian unit.
Medibank Private will pay shareholders a special dividend after lifting full-year profit 3.1 per cent to $458.7 million.
Air New Zealand says increased fuel costs, engine problems and weakness in travel demand have pushed its annual profit down by more than 30 per cent.
Vocus Group says the telecommunications company’s full-year statutory net profit fell 44 per cent to $34 million.
Rare earths miner Lynas Corp has confirmed it has received its renewed operating licence from Malaysia for its processing plant there.
Santos has posted an 89 per cent boost in its first-half profit on the back of strong output from its Cooper Basin fields and its purchase of Quadrant Energy.
Shell is making its first foray into Australia’s power sector with a $617 million takeover offer for ASX-listed ERM Power.
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