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Reporting Season - 28 August

Companies discussed: Wesfarmers (WES), Qantas (QAN) & IDP Education (IDP)

Stocks covered: 

  • Wesfarmers (ASX: WES): FY profit soars thanks to strong performances at Bunnings and Kmart, with investors set to get a surprise special dividend
  • Qantas (ASX: QAN): FY underlying profit +15% on the back of robust travel demand across both domestic & international routes
  • IDP Education (ASX: IDP): FY revenue slumps due to a crackdown on international students but will still pay a final dividend of $0.05/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.