Latest earnings reports for Wesfarmers, Fortescue, BHP & Pilbara Minerals     

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The Week Ahead

30 Aug 24. In Australia, around a dozen economic indicators are scheduled in the coming week as September begins. The standout is the National Accounts, which are issued on Wednesday.

State of the States

29 Jul 24. South Australia has retained the top spot in the State of the States’ economic performance rankings for the third straight quarter. Find out how other states and territories are faring.  

Investor Insights

Wesfarmers Full Year Result: Profits rise, boosts dividend

29 Aug 2024

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

4:35

Fortescue 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. 

3:28

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.

3:52

Pilbara Minerals Full Year Result: Rocky profits as lithium prices dive

26 Aug 2024

Pilbara Miners (PLS) - one of the world’s largest hard-rock lithium miners – posted a 69% drop in revenue and an 89% decline in net profit in FY2024 as lithium prices continued to suffer. Pilbara did not declare a final dividend in order to focus on project investments and preserve balance sheet strength. 

3:37

Seven Group Holdings (SVW) CEO, Ryan Stokes

21 Aug 2024

Seven Group Holdings (SVW) CEO, Ryan Stokes speaks with Tom Piotrowski about the company’s full year results, including the performance of its WesTrac and Boral businesses. The pair also discuss the outlook for the industries under the company umbrella and its dividend & capital management policy.  

Tom Piotrowski and Ryan Stokes 9:32

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