Reporting Season - 20 February
Companies discussed: Rio Tinto (RIO), Wesfarmers (WES) & Telstra (TLS)
Companies covered:
- Rio Tinto (RIO): smallest FY underlying profit in 5 years on lower iron ore prices & higher production costs
- Wesfarmers (WES): 1H NPAT rises and fully franked interim dividend up to 95 cents/share
- Telstra (TLS): sees 6% rise in 1H EBITDA; fully franked interim dividend up to 9.5c/share