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Reporting Season - 19 August

Companies covered: Westpac (WBC), Ampol (ALD), A2Milk (A2M)

Stocks discussed: 

  • Westpac (WBC): unaudited Q3 net profit up 6% on a quarterly annualised basis to AU$1.8bn, beating analysts’ estimates
  • Ampol (ALD):  HY profit misses the mark, hurt by Lytton refinery disruptions & the interim dividend is slashed to AU$0.60/share
  • A2 Milk (A2M): FY24 inline with estimates, but outlook dented as China IMF market conditions remain challenging

 


About the Author
ausbiz

ausbiz was founded by Kylie Merritt and David Koch and is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups.