3h ago
IPD Group shares jump 13% after FY26 results beat guidance
IPD Group reported FY26 revenue of $414.3 million, up 16.8%, with underlying EBITDA of $55.4 million and underlying NPAT of $30.9 million, both ahead of its own guidance. Operating free cash flow conversion was 84.4%, net debt fell to $16.4 million, and the fully franked dividend rose to 14.7 cents per share. The stock surged 13% in a single session after the results, and Bell Potter said it remains positive on the outlook.
3h ago
2d ago
IPD Group posts record FY26 results, lifts dividend to 14.7 cents per share
IPD Group reported FY26 revenue of 414.3 million Australian dollars, up 16.8%, with underlying EBITDA rising 19.4% to 55.4 million Australian dollars. Underlying NPAT increased 17.9% to 30.9 million Australian dollars, while dividends rose 16.7% to 14.7 Australian cents per share. Data centre revenue climbed 27% to 71.5 million Australian dollars, and the Platinum Cables acquisition broadened the revenue base. Net debt fell to 16.4 million Australian dollars, and the company said the result exceeded its own guidance.
2d ago
2d ago
QBE Insurance reports 4% rise in 1H26 adjusted net profit to US$1,033 million and lifts interim dividend 6%
QBE Insurance Group reported 1H26 results, with adjusted net profit up 4% year on year to US$1,033 million and gross written premium rising 10% to US$15.1 billion. The combined operating ratio was steady at 92.8%. The insurer lifted its interim dividend to A$0.33 per share, up 6%, and said return on equity reached 17.7%, above its medium-term target of 15% or more.
2d ago
8-13
Dexus Industria REIT beats FY26 FFO guidance at 17.6 cents per security as buyback target lifts to 5%
An ASX-listed property trust reported FY26 funds from operations of 17.6 cents per security, topping its guidance of 17.4 cents, while distributions were 16.6 cents per security in line with expectations. Net profit fell to $74.4 million from $84.2 million a year earlier, mainly due to lower property valuation gains. Portfolio income rose 5.3% with occupancy at 98.8% and releasing spreads of 21.4%, and the trust said its buyback program has progressed with the target increased from 2.5% to 5%.
8-13
8-13
CBA shares slip to $172.72 after FY26 results as mortgage applications fall 15% since May
Commonwealth Bank of Australia released its FY26 results, posting sector-leading growth across home lending, business lending, consumer finance, household deposits and business deposits for the first time in 15 years. The bank declared a fully franked final dividend of $2.70 per share, taking FY26 dividends to $5.05 per share, up 4% year on year, with a 77% payout ratio. It also said home loan application volumes have fallen 15% since May, while the shares edged down on the day.
8-13
8-13
Bell Potter downgrades Seek to hold after 45% slide, cuts target to $15.20
Bell Potter has downgraded Australian job listings platform Seek after the stock fell 45% over the past 12 months. The broker said Seek’s FY 2026 result was broadly in line with expectations, with adjusted EPS up 29% to 56cps and a full-year dividend of 52cps. However, it flagged a weaker outlook, with ANZ volumes expected to decline at a midsingle-digit rate and guidance calling for net revenue of $1.21b$1.28b and adjusted profit for $185m $215m.
8-13
8-13
SKS Technologies shares jump 249.6% since 12 August 2025 as broker lifts target to $10.30
SKS Technologies Group Ltd shares have climbed 249.6% over the past 12 months, lifting a $10,000 investment to about $34,962, after rising 6.5% on Wednesday to $9.23. The company raised its guidance to unaudited revenue of $347.9 million and an unaudited before-tax profit of $39.3 million. SKS also offers a fully franked trailing dividend yield of 0.9%. Canaccord Genuity reiterated a buy rating and increased its price target to $10.30 from $9.05.
8-13
8-13
Bravura Solutions posts FY26 gains in revenue, profit and dividends
Bravura Solutions released its FY26 results, reporting underlying revenue from customers of A$282.6 million, up 9.6% year on year. Recurring revenue rose 6.9% to A$165.0 million, while underlying cash EBITDA climbed to A$77.1 million for a 27.3% margin. Underlying NPAT came in at A$63.1 million, up A$38.7 million from FY25. The company declared a final ordinary dividend of 8.31c per share and a special dividend of 6.69c per share, totaling about A$67.3 million.
8-13
8-12
Commonwealth Bank posts A$11 billion cash profit for FY 2026 as net interest margin slips to 2.05%
Commonwealth Bank of Australia reported full-year results, with cash net profit up 7% year on year to A$11 billion, slightly ahead of market expectations. Operating income rose 6.2% to A$30.2 billion, while net interest margin edged down to 2.05% from 2.08%. The bank lifted its final dividend by 3.9% to A$2.70 per share. After the release, the stock fell 0.6% in line with the broader market.
8-12