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Reporting Season - 19 August

Companies discussed: BHP (BHP), CSL Ltd (CSL) & HUB24 (HUB)

Stocks covered:

  • BHP (ASX: BHP): FY profit plunges 26% as iron ore prices remain under pressure due to oversupply and slowing China demand. Final dividend of 60 US cents/share declared
  • CSL Ltd (ASX: CSL): will cut up to 15% of its workforce in a $770M restructure, plans to spin off its vaccine business, unveils a multi-year on market share buyback after reporting adjusted FY net profit up17%
  • HUB24 (ASX: HUB): reports a 38% surge in underlying earnings, with shareholders set to receive a final fully franked dividend of 32 cents/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.