Tag Archives: S&P/ASX 200 S&P/ASX 300 ALL ORDINARIES S&P/ASX SMALL ORDINARIES S&P/ASX All Australian 200 S&P/ASX 200 Consumer Staples

Qantas Airways Limited Domestic market pressure

Domestic market pressure: Qantas Airways Limited (ASX: QAN) senior unsecured debt and backed senior unsecured bank credit facility ratings got upgraded by Moody to Baa2 from Baa3. As part of the action Moody’s has also upgraded QAN’ senior unsecured MTN program ratings to (P)Baa2 from (P)Baa3. The outlook on all ratings is stable. However, Moody would consider downgrading the ratings if

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Metcash Limited Weak profit after tax in FY 17

Weak profit after tax in FY 17: Metcash Limited (ASX: MTS) has announced that Jeff Adams would succeed Ian Morrice as the company’s Group Chief Executive Officer. Mr. Morrice had notified the company of his intention to retire in 2018, after the completion of five years in the role. Mr. Adams will join MTS in September and, after a comprehensive orientation

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Two Expensive stocks – Metcash Ltd and Qantas Airways Ltd

Weak profit after tax in FY 17: Metcash Limited (ASX: MTS) has announced that Jeff Adams would succeed Ian Morrice as the company’s Group Chief Executive Officer. Mr. Morrice had notified the company of his intention to retire in 2018, after the completion of five years in the role. Mr. Adams will join MTS in September and, after a comprehensive orientation

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Costa Group Holdings Limited (ASX: CGC), has signed an agreement for the acquisition of the Lankester Avocado orchards and packing operations from the Lankester family.

Costa Group Holdings Limited (ASX: CGC), has signed an agreement for the acquisition of the Lankester Avocado orchards and packing operations from the Lankester family. This strategic acquisition is another step in executing its strategy to build avocados into fifth vertically integrated core produce pillar. The company’s production and supply period will now span from February to August, bringing it

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Two quality stocks to Hold – Costa Group Holdings Ltd. and REA Group Ltd.

Costa Group Holdings Limited (ASX: CGC), has signed an agreement for the acquisition of the Lankester Avocado orchards and packing operations from the Lankester family. This strategic acquisition is another step in executing its strategy to build avocados into fifth vertically integrated core produce pillar. The company’s production and supply period will now span from February to August, bringing it

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For FY17, Australian Agricultural Company (ASX: AAC) reported a revenue of $446.7mn during FY17 against $489.4mn in FY16.

For FY17, Australian Agricultural Company (ASX: AAC) reported a revenue of $446.7mn during FY17 against $489.4mn in FY16. Operating EBITDA (earnings before interest, tax, depreciation and amortization) grew by 202% yoy to $45.0 million, while statutory EBITDA stood at $133.2mn. Notably, EBITDA margin improved by 700bps to 10% compared to 3% in FY16, and net operating cash flow increased by

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