Australia Markets closed

Stockwatch

TWE - TREASURY WINE ESTATES - up 37 cents, or 2.2 per cent, to $17.45

A growing taste for fine wine has helped lift the wine exporter's full-year profit 16.4 per cent to $419.5 million.

EVN - EVOLUTION MINING - up eight cents, or 1.6 per cent, to $5.24

The mid-tier miner says its statutory profit after tax fell 17 per cent to $218.2 million, as lower copper and silver prices and volumes offset higher gold revenues.

IVC - INVOCARE - down $1.20, or 7.9 per cent, to $14

The funeral giant InvoCare has nearly doubled its half-year profit to $41.08 million following improved returns from prepaid contracts and an increase in the number of deaths.

IPH - IPH LIMITED - down 19 cents, or 2.3 per cent, to $8.26

IPH has completed its $192 million acquisition of Xenith IP Group, creating an intellectual property goliath comprising 1,000 people across 27 offices in eight Asia-Pacific countries.

BRG - BREVILLE GROUP - down $1.25, or 6.5 per cent, to $18.13

Breville says its full-year profit rose 15.2 per cent to $67.4 million, backed by strong sales in North America and expansion in Europe.

DOW - DOWNER - down 21 cents, or 2.8 per cent, or $7.35

Integrated services company Downer EDI says its Team Downer consortium has won a four-year contract extension to support the Australian military worth $154.5 million.

The contract with the Capability, Acquisition and Sustainment Group is to support the Critical Systems Branch of the Department of Defence until August 2023, with further extensions possible.