Finance News Network Episodes
The Freedom Foods Group (ASX:FNP) report operating NPAT increased 42.1%
28 Feb 2020 - The Freedom Foods Group (ASX:FNP) report perating net profit after tax increased 42.1 per cent to $9.1 million. Statutory net profit rose 45.6 per cent to $5.4 million, after abnormals and non-cash expenses.

Reece (ASX:REH) see sales revenue rise up 9%
28 Feb 2020 - Plumbing and bathroom supplies company Reece (ASX:REH) reported its financial results for the half-year ended 31 December 2019 showing record sales revenue of $2.962 billion for the half year, this represents 9 per cent growth on HY19.

Link Administration (ASX:LNK) help push tech sector lower: ASX closed 0.8% lower
27 Feb 2020 - The ASX closed 0.8% lower - another day ending in the red. Adelaide Brighton (ASX:ABC) shares did well today as a number of analysts upgraded them. Link Administration (ASX:LNK) shares fell after their company released their half-yea...

Capital expenditure falls 2.8% in the December quarter: ASX tracking 0.8% lower at noon
27 Feb 2020 - The ASX failed to maintain momentum this morning where it rose slightly in early trade, dipping to now track 0.8% lower at noon. Shares in the a2 Milk Company (ASX:A2M) rose after they released their pleasing half year figures. Link ...

AP Eagers (ASX:APE) see losses in a difficult auto market
27 Feb 2020 - AP Eagers (ASX:APE) FY19 result reflects year of transformation with Statutory Loss After Tax from continuing operations of $80.5 million or $129.1 million when discontinued operations are included.

Evans Dixon (ASX:ED1) set to reduce staff by 20%
27 Feb 2020 - Wealth manager Evans Dixon (ASX:ED1) report statutory NPAT for the half year of $2.1 million was down from $12.4 million delivered in the prior corresponding period.

NetLinkz (ASX:NET) agreement to monitor water quality in Sichuan Province
27 Feb 2020 - NetLinkz Limited (ASX:NET) Executive Chairman and CEO, James Tsiolis talks about the significance of the company's agreement to provides its Virtual Secure Network to a World Bank-sponsored initiative to improve water sanitation serv...

Afterpay (ASX:APT) see statutory loss after tax of $31.6m
27 Feb 2020 - Afterpay (ASX:APT) reported a statutory loss after tax of $31.6 million which was impacted by oneoff and non-cash items including share-based payments expenses.

Flight Centre Travel Group (ASX:FLT) report 1H NPAT down 74%
27 Feb 2020 - Flight Centre Travel Group (ASX:FLT) report a net profit after tax (NPAT) of $22.1, that’s 74 per cent less than the prior corresponding period.

AUD continues to struggle against the USD amid virus fears: ASX poised to open lower
27 Feb 2020 - The ASX looks set to open lower as US stocks fell for the fifth day. Treasury ten year note yields dropped. The NASDAQ did manage rise as the US markets swung into afternoon trade. On the commodities front, crude oil dropped below $5...

Ingenia Communities Group (ASX:INA) 1H20 results & outlook
27 Feb 2020 - Ingenia Communities Group Limited (ASX:INA) CFO, Scott Noble, discusses 1H20 results, the company's portfolio and the demand for seniors accommodation.

The a2 Milk Company (ASX:A2M) see growth in infant nutrition sales
27 Feb 2020 - The a2 Milk Company (ASX:A2M) report a net profit after tax of $184.9 million for the half year, an increase of 21.1 per cent on the prior corresponding period.

AFT Pharmaceuticals (ASX:AFP) on track to refinance loan
27 Feb 2020 - AFT Pharmaceuticals (ASX:AFP) says its six-year term loan facility from CRG maturing on 31 March 2020 is on track to be refinanced with a three year term loan from a local commercial bank.

All sectors close in the red: ASX closes 2.3% lower
26 Feb 2020 - The ASX dropped at the open and continued to fall throughout the day closing 2.3% lower. Healius (ASX:HLS) shares are on the rise after the news of the Partners Group proposal. As for the sectors, they are all in the red. Ferry opera...

Bubs posts record half year profit: ASX tracking 2.3% lower at noon
26 Feb 2020 - The ASX dropped at the open and continued to fall through mid morning trade and is now tracking 2.3% lower at noon. Polynovo (ASX:PNV) shares dropped after reporting a net loss for the half year of $2.42 million, that’s 26% increase ...

Resimac Group Ltd (ASX:RMC) see net profit lift 85%
26 Feb 2020 - Non-bank mortgage lender Resimac Group Ltd (ASX:RMC) today announced a normalised net profit of $26.9 million for the 6 months to 31 December 2019, up 85 per cent on the previous corresponding period (pcp).

Hotel Property Investments (ASX:HPI) enter agreements for two new hotel acquisitions
26 Feb 2020 - Hotel Property Investments (ASX:HPI) has entered into agreements to acquire two metropolitan hotel properties for total consideration of $60 million.

Regis Healthcare (ASX:REG) see 50% drop in NPAT
26 Feb 2020 - Regis Healthcare (ASX:REG) report NPAT of $12.1 million for the first half of financial year 2020, down 50.5 per cent on the prior corresponding period.

PolyNovo (ASX:PNV) report $2.42 million loss for 1H
26 Feb 2020 - PolyNovo (ASX:PNV) reports a net loss for the half year of $2.42 million, that’s 26 per cent increase from last year.

Renergen (ASX:RLT) natural gas and helium producer
26 Feb 2020 - Renergen Limited (ASX:RLT) Managing Director and CEO, Stefano Marani provides an update on recent drilling results at the company's Virginia Gas Project in South Africa, what’s planned for this year and the potential to bring forward...

Michael Hill International (ASX:MHJ) see NPAT rise 19.6%
26 Feb 2020 - Jeweller Michael Hill International (ASX:MHJ) today announced its half year financial results period ending 29 December 2019 showing statutory net profit after tax increased by 19.6 per cent to $21.4 million, up from $17.9 million in...

Universal Coal (ASX:UNV) to start legal proceedings regarding offer
26 Feb 2020 - Universal Coal (ASX:UNV) has started proceedings in the High Court of Justice of England and Wales in light of the unsolicited offer made by a wholly owned subsidiary of TerraComTCIG Resources.

Noxopharm (ASX:NOX) LuPIN trial in prostate cancer
25 Feb 2020 - Noxopharm Limited (ASX:NOX) Chief Medical Officer, Dr Gisela Mautner, talks about results from the company's LuPIN trial in prostate cancer, evaluating its lead product candidate, Veyonda, in combination with 177Lu-PSMA-617, a radiop...

Treasury Wine Estates (ASX:TWE) will not achieve growth guidance: Aus shares close 1.6% lower
25 Feb 2020 - The Australian share market today closed 1.6 per cent lower with Coronavirus fears dominating the sell-off. Treasury Wine Estates (ASX:TWE) believes it will not achieve previous growth guidance for the financial year.

AUD hits 10-year low: Aus shares 1.3% lower at noon
25 Feb 2020 - The Australian share market plummeted at the open after the Dow plunged as Coronavirus fears grow. Blackmores to enter Indian market and launch pet supplements. Caltex (ASX:CTX) appoints interim CEO.

Alumina (ASX:AWC) profit plunges as price dips
25 Feb 2020 - Alumina (ASX:AWC) today reported a statutory net profit after tax of US$214.0 million for the full-year to 31 December 2019, down 66 per cent.

Johns Lyng Group (ASX:JLG) see boost in sales lifting profit
25 Feb 2020 - Johns Lyng Group (ASX:JLG) report NPAT attributable to the owners is at $7.9 million, that’s a 1.2 per cent increase on the first half of 2019.

SEEK (ASX:SEK) slashes its dividend
25 Feb 2020 - Employment company SEEK (ASX:SEK) announced its results for the 6 months ended 31 December 2019 showing NPAT of $75.6 million, a decline of 24 per cent from the prior corresponding period of $99 million.

Oil Search (ASX:OSH) report 8% fall in profit
25 Feb 2020 - Oil Search (ASX:OSH) reports their NPAT has fallen 8 per cent to 312.4 million US dollars.

Dow plunges as coronavirus fears grow: ASX poised to open lower
25 Feb 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. The Dow plunged as coronavirus fears grow. More cases emerged outside of China sending global stocks down. European stocks dropped and in Hong Kong t...

Ainsworth Game Technology (ASX:AGI) see 1H loss as international sales fall
25 Feb 2020 - Ainsworth Game Technology (ASX:AGI) today announced an audited Loss after Tax of $4.0 million for the six months ended 31 December 2019.

NZ retirement company Summerset (ASX:SNZ) increase moves into Australia
25 Feb 2020 - Retirement village operator in New Zealand, Summerset (ASX:SNZ) announced an underlying profit after tax for the year ending 31 December 2019 of NZ$106.2 million, up 8 per cent on FY18.

Pental (ASX:PTL) NPAT reaches $1.48M: Aus shares close 2.3% lower
24 Feb 2020 - The Australian market dropped 2.3% today fuelled by renewed fears of the coronavirus spread. All sectors ended the day in negative territory with travel and entertainment stocks taking a hard hit. The negative sentiment generated by ...

Worley doubles dividend: Aus shares 2.1% lower at noon
24 Feb 2020 - The Australian share market lost ground at the open following cautious leads from the US. It floated lower throughout the first half of the session and is tracking 2.1 per cent lower at noon. Every sector is down, with Consumer Discr...

WPP AUNZ (ASX:WPP) reports $227.6m loss for the year
24 Feb 2020 - Creative transformation company WPP AUNZ (ASX:WPP) today announced its financial results for the year ending 31 December 2019 showing net loss for the year 1,231.2 per cent to $227.6 million.

Helloworld travel (ASX:HLO) profit up 4.9%
24 Feb 2020 - Travel company Helloworld travel (ASX:HLO) report profit before tax of $32.9 million, an increase of 4.9 per cent compared to the prior half year.

oOh! Media (ASX:OML) NPAT down 23% on prior year
24 Feb 2020 - oOh!media (ASX:OML) today announced its financial results for the year ended 31 December 2019 (FY19) showing underlying Net Profit After Tax (NPAT) $37.9 million down 23 per cent on prior year.

BlueScope (ASX:BSL) profit hit by steel price decline
24 Feb 2020 - BlueScope (ASX:BSL) today reported a 1H FY2020 net profit after tax (NPAT) of $185.8 million, down 70 per cent on 1H FY2019, and an underlying NPAT of $199.6 million.

Jumbo Interactive (ASX:JIN) increase dividend to 18.5 cents
24 Feb 2020 - Lottery provider Jumbo Interactive (ASX:JIN) report net profit after tax rose 14 per cent to $14.4 million and EBITDA rose 17 per cent to $22.9 million on the same corresponding period.

nib Group (ASX:NHF) see 23% rise in H1 NPAT
24 Feb 2020 - nib Group (ASX:NHF) today reported net profit after tax is at $57.1 million, down 23.1 per cent on the prior corresponding period.

Coronavirus caution continues on global markets: ASX poised to open lower
24 Feb 2020 - Following cautious leads from US markets, the ASX looks set to open lower this morning. Tech firms tumbled on Friday in the US. Tensions still surround the coronavirus and its effect on global growth. The Australian dollar continues ...

New Hopes (ASX:NHC) share price plummets: Aus shares close 0.3% lower
21 Feb 2020 - The Australian share market closed 0.3 per cent lower at the end of trade and the Australian dollar continued to fall, slipping below 66 US cents, its lowest since the GFC. NRW Holdings (ASX:NWH) shares led gains for the entire session.

Aussie dollar falls: Aus shares 0.2% lower at noon
21 Feb 2020 - The Australian share market was down at the open and is now tracking 0.2 per cent lower at noon. Christine Feldmanis joins Bell Financial Group (ASX:BFG) Board. One Australian dollar is buying 66.16US cents.

VIVA Energy (ASX:VIV) sells stake in its petrol station property trust
21 Feb 2020 - VIVA Energy (ASX:VIV) has sold its 35.5 per cent security holding in Viva Energy REIT by way of a fully underwritten block trade, and a sale to each of the Charter Hall Group (ASX:CHC) and the Charter Hall Long WALE REIT (ASX:CLW).

Orocobre (ASX:ORE) see underlying net loss after tax of US$9.9 million
21 Feb 2020 - Lithium chemicals producer Orocobre (ASX:ORE) reports statutory consolidated group net loss of US$18.9 million for H1 FY20 is down from a profit of US$24.1 million in the previous corresponding period (PCP).

Fisher & Paykel Healthcare (ASX:FPH) update revenue and earnings on strong sales
21 Feb 2020 - Fisher & Paykel Healthcare (ASX:FPH) has updated their revenue and earnings guidance on stronger Hospital and Homecare sales.

Pilbara Minerals (ASX:PLS) moderates production on soft lithium market
21 Feb 2020 - Pilbara Minerals (ASX:PLS) saw weaker customer demand and lower spodumene concentrate prices which both impacted the company’s half year results.

Unemployment rate steady at 5.2%: ASX closed 0.3% higher
20 Feb 2020 - The ASX rose at the open, held momentum closing 0.3% higher. Shares in Wisetech Global (ASX:WTC) continue to fall after yesterday’s downgrade regarding the coronavirus. SmartGroup ASX:SIQ) shares are on the rise after they reported N...
















































