ASX200 down 20 points (0.3%) to 6804.
- AGL (-6.8%); warned of a $2.686 billion hit to 1H statutory profit as it responds to a worsening outlook for wholesale energy prices.
- Nick Scali (+1.5%); said 1H revenue +24% yoy. January the biggest month for orders in history, +47% yoy. Dividend up to 40c.
- Origin (-8%); lowered earnings guidance for its Energy Markets division, citing multiple headwinds, but said the Australia Pacific LNG plant is operating better than originally expected.
- Qantas (+1.9%); CEO Alan Joyce says he won’t be around for the next big crisis that Qantas will have to face. (no, I don’t really know what he means either…..…)
- Tabcorp (-0.4%); have said they are open to takeover talks if the price is right………….
