Wesfarmers Full Year Result: Profits rise, boosts dividend

29 August 2024

 

Australian conglomerate Wesfarmers (WES) boosts final dividend as retail divisions drive earnings.

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BHP Group Full Year Result: Shares lift as investors strike while the iron is hot

27 Aug 2024

BHP Group (BHP) – the world’s largest listed miner – posted a better-than-expected annual profit. Its profit was underpinned by record iron ore output for a second year and resilient prices, which offset weak coal prices and the sale of two of its coal mines.

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Woolworths Full Year Result: Special dividend delights Woolies investors

28 Aug 2024

Australia’s largest supermarket retailer Woolworths (WOW) posted small drop in net profit before significant items to $1.7 billion, however profits dived 93% to $108 million when factoring in significant items. Woolworths declared a dividend of 97cps, including a 40cps special dividend following the sale of its stake in drinks business, Endeavour.

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Fortescue Ltd Full Year Result: Fortescue digs deep to limit dividend dive

28 Aug 2024

Iron ore miner Fortescue (FMG) posted its third largest underlying profit, supported in part by higher commodity prices over the first half of the financial year. 

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