🕒 Thursday 13 February 2025 Thu, 13 Feb 2025
135 Articles
Treasury Wine Estates Boosts Luxury Segment Amid Premium Brand Challenges
Treasury Wine Estates delivered a robust 1H25 performance driven by luxury brands Penfolds and DAOU, offsetting softness in its premium and commercial portfolios. Despite strong earnings growth, the company lowers its full-year EBITS guidance, highlighting ongoing market headwinds.
13 Feb
Victor Sage
TWE’s Luxury Pivot Spurs 35% Earnings Surge, But Premium Brands Lag
Treasury Wine Estates reports a robust first half of 2025, driven by luxury portfolio growth and DAOU integration, while premium segments face headwinds.
13 Feb
Victor Sage
Treasury Wine Estates Declares AUD 0.20 Dividend with Full DRP Option
Treasury Wine Estates has announced a 20-cent per share dividend for the half-year ending December 2024, accompanied by a fully franked component and an active Dividend Reinvestment Plan.
13 Feb
Victor Sage
Treasury Wine Estates Boosts Profit 33% on Premium Portfolio Growth
Treasury Wine Estates has delivered a robust half-year performance with revenue climbing nearly 20% and profit surging 33%, driven by premiumisation and strategic acquisitions. The company also declared a higher interim dividend, signaling confidence in its growth trajectory.
13 Feb
Victor Sage
Telix Secures UK Approval for Illuccix, Boosting Prostate Cancer Imaging Access
Telix Pharmaceuticals has gained UK MHRA approval for Illuccix, its advanced prostate cancer PET imaging agent, promising to alleviate supply shortages and improve diagnostic accuracy across the UK.
13 Feb
Ada Torres
Insurance Australia Group Declares AUD 1.52 Distribution on Capital Notes 3
Insurance Australia Group Limited has announced a quarterly distribution of AUD 1.5191 per Capital Note 3 security, partially franked at 60%, payable on March 17, 2025.
13 Feb
Claire Turing
IAG Declares AUD 1.58 Quarterly Dividend on Capital Notes with Partial Franking
Insurance Australia Group Limited (IAG) has announced a quarterly dividend of AUD 1.5786 per Capital Note, payable on March 17, 2025, with a 60% franking rate reflecting partial tax credits for investors.
13 Feb
Claire Turing
IAG Surges to $778M Profit, Boosts Dividend Amid Strong 1H25 Growth
Insurance Australia Group (IAG) reported a robust half-year performance with a $778 million net profit, underpinned by premium growth and improved insurance margins. The company also raised its interim dividend by 20%, signaling confidence in its strategic execution.
13 Feb
Victor Sage
IAG’s 1H25 Profit Nearly Doubles to $778m on Weather and COVID Provision Release
IAG reported a 91% surge in net profit after tax to $778 million for 1H25, boosted by favourable weather conditions and a $200 million release from COVID-related provisions. The insurer declared a 12 cents per share interim dividend, underscoring its strong capital position and commitment to customer support amid ongoing economic pressures.
13 Feb
Victor Sage
IAG Declares AUD 0.12 Dividend with Partial Franking Ahead of March Payout
Insurance Australia Group Limited (IAG) has announced an ordinary dividend of AUD 0.12 per share, partially franked at 60%, with key dates set for February and March 2025.
13 Feb
Claire Turing
IAG Doubles Half-Year Profit on Strong Insurance and Investment Gains
Insurance Australia Group Limited (IAG) reported a 91.2% surge in net profit to $778 million for the half year ended December 2024, driven by robust insurance margins and higher investment income. The company also declared a 12-cent interim dividend, signaling confidence in its financial outlook.
13 Feb
Victor Sage
Contact Energy Powers Fonterra’s Whareroa Site with 10-Year Renewable Deal
Contact Energy has secured a decade-long electricity supply agreement with Fonterra, delivering up to 415 GWh annually to the Whareroa dairy site, marking a significant step in the dairy sector’s decarbonisation journey.
13 Feb
Maxwell Dee
HomeCo Daily Needs REIT Delivers Steady Growth and Strategic Expansion in 1H FY25
HomeCo Daily Needs REIT reported solid 1H FY25 results with stable FFO and DPU per unit, underpinned by a $4.8 billion portfolio and a robust development pipeline targeting strong returns.
13 Feb
Victor Sage
HomeCo Daily Needs REIT Boosts FFO, Reaffirms FY25 Growth Targets
HomeCo Daily Needs REIT has reported steady funds from operations (FFO) growth in the first half of FY25, underpinned by strategic asset sales and a robust development pipeline. The REIT also confirmed its full-year guidance, signaling confidence in its operational momentum and portfolio resilience.
13 Feb
Eva Park
HomeCo Daily Needs REIT Rebounds with $116.8M Profit and Steady Distributions
HomeCo Daily Needs REIT has reported a remarkable turnaround in its half-year results, posting a $116.8 million profit compared to a loss last year, while maintaining stable revenue and distributions.
13 Feb
Eva Park