Biotech giant CSL expects profit to rebound in the current fiscal year, after reporting a decline for the 2021/22 year, but has also flagged higher costs as blood plasma collection volumes return to pre-pandemic levels.The vaccine and blood products supplier expects net profit for fiscal 2022/23 to range between $US2.
Super Retail Group says sales rebounded in the second half of fiscal 2022 and the new year is off to a strong start, but it's expecting that momentum to slow as interest rates hikes and inflation bite.The Supercheap Auto, Rebel Sports, BCF (Boating, Camping and Fishing) and Macpac brand owner on Wednesday reported $3.
Cloud accounting technology company Xero has warned of another year of volatility for small business customers.Xero chair David Thodey said on Thursday supply chains remain constrained, contributing to levels of inflation not seen since the 1980s, interest rates are rising, and global economic growth is predicted to slow.
Santos is reaping the gains of energy instability at home and abroad with a record result in the first half of 2022.The oil and gas company on Wednesday reported record production, earnings, cashflow and a tripling in underlying profit in the six months to June 30 on increased demand and rising prices.
Transurban says its fourth-quarter toll road traffic exceeded pre-pandemic levels, but is forecasting a 2022/23 return to shareholders well below market expectations.The toll road operator on Thursday said it expects to distribute 53 cents per share in FY2023, 30 per cent higher than in 2021/22 but under consensus estimates of 60 cents.
Redbubble shares have plunged after the print-on-demand online marketplace saw a drop in active customers and said its operating expenses could rise as much as 31 per cent.The Melbourne company reported on Wednesday that revenue dropped 14 per cent to $483 million in the 12 months to June 30, compared to the prior year on a constant currency basis.