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17d ago 7:12

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A year of criticism has ended with Woolworths settling on a tougher earnings result.

- ASX200: up 0.31%, 7,850
- AUD: 66.27 US cents
- GOLD: $2,508 US/oz
- BITCOIN: $91,901 AUD

Supermarket giant Woolworths lifted by 3.3% after it gave a special dividend to shareholders, as underlying profits fell 0.6% to $1.7 billion.
Flight Centre has well and truly put the pandemic behind it, with strong demand for travel seeing earnings hit a new high.. Shares were up 3.7%.
Not able to cash in a winning bet was Tabcorp, with new CEO Gillon McLachlan saying the company would not meet cost-cutting targets.. shares plunged by 15% today.
Gas infrastructure operator APA Group saw its earnings lift to $1.89 billion, but shares fell by 1.5%.
And after shipping nearly 200 million tonnes of iron ore over the last financial year, Fortescue’s underlying profit rose 3% to $US5.7 billion, but shares dropped 1%.

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#Business #Ross Greenwood #Radio 2GB