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Reporting Season - 20 August

Companies discussed: James Hardie (JHX), Magellan Financial (MFG) & Breville Group (BRG)

Stocks covered:

  • James Hardie (ASX: JHX): FY underlying earnings come in below estimates as elevated borrowing costs in the US and tariffs dampen housing market activity and demand for its products
  • Magellan Financial (ASX: MFG): NPAT slide 31%, with operating profit slipping 5% though shareholders will receive a final dividend of 25.9c/s plus a special dividend of 21 c/s
  • Breville Group (ASX: BRG): posts double-digit profit and revenue growth however is unable to provide guidance until the first half of FY26, warning of a significant input cost increase in FY26/27 for US based sales 

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.