Reporting Season - 14 February
Companies discussed: Cochlear (COH), AMP Ltd (AMP) & Mirvac (MRG)
Companies covered:
- Cochlear (COH): 1H sales revenue +5%, FY profit to be at lower end of range, interim dividend boosted 8% to AU$2.15/s
- AMP Ltd (AMP): 1H profit falls 43%; final dividend of 1c/share misses expectations
- Mirvac (MGR): 1H stat profit, reversing losses a year earlier, sees a turnaround in the property market ahead of a likely rate cut