As we enter into the 3rd week of Reporting Season, many companies have released results that have defied odds despite strong headwinds and inflationary pressures.
In this weeks video, Grady covers:
- BlueScope Steel (ASX:BSL): Shares rallied 13% despite a 57% drop in H1 EBIT, with H2 earnings guidance suggesting at least 16.5% growth.
- A2 Milk (ASX:A2M): Soared 19%, with a strong 10.1% revenue increase and an inaugural 8.5 NZ cps dividend.
- LendLease (ASX:LLC): Posted a strong 122% rise in operating profit, though net debt grew to $3.8bn.
- BHP (ASX:BHP): Revenue down 8%, but copper boosted results. The 30% cut in interim dividend disappointed.
