The funds administration business of Link Administration was soft in FY17, although offset by strong results in corporate markets and the company’s technology platform. Brokers note synergies from acquisitions are still to be realised.
Cash flow was strong and net debt has fallen as FY17 transformed Whitehaven Coal. Yet, concerns have now been raised regarding the production profile at the Narrabri mine.
Craig Parker of Moat Capital notes the ASX200 remains in an uptrend but is facing many headwinds, from the Aussie to the White House.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Kathleen Brooks of City Index previews what to expect from the Jackson Hole central bankers’ symposium next week, specifically the Fed, ECB, BoE and RBA.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Financial services software provider Class Ltd delivered a strong FY17 although margin growth is expected to taper off as investment ramps up in FY18.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Domino’s Pizza has disappointed brokers with a weak FY17 result and conservative FY18 outlook. The company has also announced a debt-funded $300m buy-back.
Peter Switzer of the Switzer Super Report debates whether the Australian market may be in for a sell-off.
