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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

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.