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Reporting Season - 8 August 2024

Companies covered: Amp (AMP), Mirvac Group (MGR), Light & Wonder (LNW)
ausbiz
08 August 2024
Created by potrace 1.15, written by Peter Selinger 2001-2017 2 min watch

Stocks covered: 

  • AMP (AMP): reports a 5.4% rise in HY profit thanks to underlying strength in its platforms business and cost saving measures helped offset falling margins at the wealth manger’s banking operations
  • Mirvac (MGR): warns of ‘challenging’ market conditions and posts a wider than expected annual loss though keeps its dividend steady at 10.5 cents/share
  • Light & Wonder (LNW): Q1 earnings beat on both the top and bottom line, with management optimistic on its outlook for global gaming machine growth in particular in the US and Canada
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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.