Reporting Season - 27 August
Companies covered: BHP Group (BHP), Woodside Energy (WDS), Guzman Y Gomez (GYG)
Stocks discussed:
- BHP Group (ASX: BHP): FY underlying net profit tops estimates, on a 3% rise in revenue but warns the external operating environment remains volatile
- Woodside Energy (ASX: WDS):HY profit jumps 11% to US$1.9bn, though core net profit declined due to lower realised oil prices amid weak demand signals from top importer China
- Guzman Y Gomez (ASX: GYG): Swings to FY loss of AU$13.7 million, pro forma net profit, which adjusts for the costs associated with its IPO, rose 94%, 71% ahead of its prospectus