Here are the headlines from the S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) and Australian finance circles on Tuesday morning.
But first, here are the data points:
Australian Dollar ($A) (AUDUSD): 73.43 US cents
Dow Jones (DJI): up 0.4%
Oil (WTI): $US66.62 per barrel
Gold: $US1,197 per ounce
Australian Investing News
Making finance news today are a host of ASX 200 companies expected to report their financial results.
Scentre Group (ASX: SCG), the owner of Westfield shopping centres in Australia and New Zealand, today reported a 3.1% increase in funds from operations during the half year to June 30th, 2018. A distribution/dividend of 11.08 cents per share will be paid, up 2% on last year.
For its 2018 financial year, Virtus Health Ltd (ASX: VRT) reported a 2% increase in revenue to $262 million and a profit of $32 million, up 7%. A final dividend of 12 cents per share will be paid.
“Consistent with our stated strategy for growth through diversification, our international presence continues to grow with targeted acquisitions in the UK and Denmark which saw international EBITDA growing 29.5% to $9.2m,” CEO Sue Channon said.
BHP Billiton Limited (ASX: BHP) released its report for 2018 showing a 21% jump in revenue and a profit from continuing operations of $US6.6 billion, up 4%. ‘The Big Australian’ will pay a final dividend of US63 cents per share.
“Our relentless focus on safety and productivity has released additional volumes across our supply chain, with eight per cent volume growth for the year,” CEO Andrew Mackenzie said.
Super Retail Group Limited (ASX: SUL) reported a 4% increase in revenue and revealed a 26% jump in its full-year profit result. A final dividend of 27.5 cents per share will be payable.
Finally, Amcor Limited (ASX: AMC) released its yearly result showing a modest 2% increase in revenue but a 21% jump in profit to $US724 million. A final dividend of US 24 cents per share will be paid, up from US 23.5 cents per share last year.
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