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Reporting Season - 30 August

Companies covered: Harvey Norman (HVN), Ramsay Health Care (RHC), Downer EDI (DOW)

Stocks discussed: 

  • Harvey Norman (ASX: HVN): Full year net profit slides 35%, total fully franked dividend of 22 cents per share. Chair Gerry Harvey says he expects AI enabled computer products to help growth in the new financial year
  • Ramsay Health Care (ASX: RHC): Final dividend lifted by 60% after a near 200% spike in net profit with growth expected to continue in FY25
  • Downer EDI (ASX: DOW): Swings back to black in fiscal 2024due to a refreshed leadership team and significant changes to its operating model. Total dividend raised 30% to 17 cents a share 

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.