ASX200 up 13 points (0.2%) to 7474.
- Audinate (+2%); FY loss $3.4m, up 17% yoy. FY EBITDA $3m, +50%. No buy back as it has made a NZ$2BN takeover bid for Z Energy.
- Charter Hall (+3.75); FY profit $476m, up 38% yoy. FY revenue +21%. Expects 6% growth on FY22.
- Cimic (+1.4%); Ventia wins defence force engineering support contract.
- G8 Education (-4.2%); 1H profit more than doubles to $25.1m. No div but intends to pay one in 2022.
- IGO (+3.4%); first lithium hydroxide successfully produced at its Kwinana plant.
- Kogan (+1%); more press speculation about a potential takeover.
- Latitude Group (-1.7%); 1H profit $89.5m vs $21m loss yoy. Lockdown is slowing activity but expects a quick recovery.
- Magellan (-2.6%); ex div 114.1c. Trading down 118c.
- McGrath (+6.6%); FY profit $19m vs $0.7m yoy. FY22 trading in line with expectations. Property market resilient.
- NIB Holdings (-9.9%); FY profit +83% to $161m vs $88m yoy. Div 14c vs 4c yoy.
- Openpay (+9%); signs computer hardware company, HP as new enterprise partner for OpyPro, Openpay’s B2B platform for trade accounts.
- Oz Minerals (+2.8%); ex div 16c. Trading up 59c.
- Pushpay (-9%); to buy Resi Media – an end to end live streaming provider – for US$150m.
- Qantas (+1.2%); giving frequent flyer members points or cash if they get vaccinated. Worth about $20.
- Reliance Worldwide (-1.5%); FY profit more than doubles to $188.2m. Sales growth in FY22 positive so far.
- Sonic Healthcare (-3.7%); FY profit more than doubled to $1.32bn vs $527m yoy. Covid has been good for business.
- Sims (+5.2%); FY profit $229m vs $265m loss yoy on higher sales, metal prices and cost cutting. Announced a $150m buy back.
- Spark Infrastructure (+2.2%); will recommend a takeover offer by a consortium of KKR, the Ontario Teachers’ Pension Plan Board and the PSPIB.
- Super Retail (-7.3%); ex div 55c. Trading down 94c.
- Telix (-0.3%); signed an agreement with UK co Lightpoint Medical, a co developing cancer detection tools for minimal invasive and robot-assisted surgery.
- Worley (+0.5%); awarded contract on Chevron’s Australia Barrow Island Project.
