Reporting Season - 29 August
Companies discussed: Harvey Norman (HVN), Virgin Australia (VGN) & Austal (ASB)
Stocks covered:
- Harvey Norman (ASX: HVN): FY profit surges 47% on property revaluation & a strong increase in franchisee sales revenue. Fully franked final dividend of 14.5c/s declared.
- Virgin Australia (ASX: VGN): sees FY underlying profit spike 28% in its first result since relisting on the ASX, though flagged US tariffs have created volatility
- Austal (ASX: ASB): delivers a staggering 500% boost in net profit thanks to a record order pipeline, but did not declare a dividend