National Australia Bank Limited
The National Australia Bank Limited (ASX:NAB), established in 1834 and headquartered in Melbourne, offers financial services to clients across in the United States, Asia, the United Kingdom, Australia, and New Zealand. At the close of market on Friday, March 8th, the NAB stock was trending at a price of AUD 25.380, down 1.13%, depicting an intra-day fall of AUD 0.290 with ~ 2.78 billion shares traded. NAB has generated decent YTD return of 8.63%.
As per the Groupâs financial report for the year ended September 2018, the common equity tier 1 (CET 1) ratio was 10.20% with the net stable funding ratio (NSFR) and Liquidity coverage ratio (LCR) of 113% and 129% respectively, both above the ARPA regulatory requirement of 100%. Besides, the net profit attributable to owners of NAB rose by 5.1% to AUD 5.554 billion (FY2017: AUD 5.29 billion). Moreover, the net income improved by 2.5% to AUD 323 million inclusive of AUD 246-million decline which was neutralised by movements in economic hedges in other operating income.
Telstra Corporation Limited
Telstra Corporation Limited (ASX:TLS) provides telecommunications and information services to clients including governments, businesses, individuals and communities across Australia and also worldwide. As of date, Telstra has a market cap of AUD 38.42 billion with ~ 11.89 billion outstanding shares. The TLS stock was trading at a market price of AUD 3.220, down 0.31% indicating an intra-day fall of AUD 0.010 with the close of market on Friday, March. TLS has also generated a positive YTD return of 15.90% so far.
The company delivered a decent financial performance and progress against the T22 strategy in accord with the guidance for the half year ended December 31st, 2018 as per the report released. The EBITDA was down 16.45 to $ 4.3 billion and the NPAT also reduced to $ 1.2 billion, down 27.4 %, both reflecting the impact of the launch of the nbnTM network with approximately 55 per cent of the premises now connected. The total income was reported at around $ 13.8 billion, also down 4.1%.
Goodman Group
The Sydney-based Goodman Group (ASX:GMG) is an integrated real estate group with operations spanning across the globe and a current market capitalisation of AUD 24.11 billion with ~ 1.81 billion outstanding shares. At the close of market trading on March 8th, the GMG stock price stood at AUD 13.350, up 0.52%, indicating an intra-day gain of AUD 0.070. Since the onset of 2019, the stock performance has consistently improved with a positive YTD return of 24.44%.
The Group announced its half yearly results for the six months to December 31st, 2018 (2H FY2018), delivering operating profits to the value of $ 465 million, up 10.4% on 1H FY2018 and the operating earnings per share rising 9.45 to 25.5 cents on 1H FY2018. Besides, operating and statutory profits were recorded at $ 465 million and $ 929.2 million respectively. At the end of the period, the total assets under management (AUMs) amounted to $ 43 billion, up 24% on the previous half-year.
Bega Cheese Limited
Bega Cheese Limited (ASX:BGA) is engaged in processing, manufacturing, and commercialisation of dairy and other food-related products since 1899, primarily in Australia. Bega has a market of AUD 978.27 million with approximately 213.13 million outstanding shares. The BGA stock closed the market trading on March 8th, at a price of AUD 4.650, up 1.31%, indicating an intra-day gain of AUD 0.060. The stock has been down for the past three months and generated a negative YTD return of 22.20%.
As per the interim financial report for the half-year ended December 31st, 2018 (1H FY2019), the company generated normalised operating profit after tax of $ 18.9 million, down 48% on1H FY2018 by $ 17.7 million. The EBITDA was posted at $ 39.6 million, down 23% by $ 12.1 million on the prior corresponding period. Besides, the Groupâs net cash outflow from operating activities amounted to $ 128.3 million in 1H FY2019 as compared to net cash inflow of $ 5.4 million in 1H FY2018. The net debt stood at $ 468.1 million.
Super Retail Group Limited
The Brisbane-based Super Retail Group Limited (ASX:SUL) operates as an outdoor retailer selling products like automotive parts, sports and other outdoor products in China, Australia, as well as New Zealand. The Groupâs current market capitalisation is around AUD 1.5 billion with approximately 197.38 million outstanding shares. At the end of the trading session on March 78h, the SUL stock price was trending at AUD 7.780, up 2.1%, indicating an intra-day gain of AUD 0.160. Besides, it has also generated a YTD return of 11.57 %.
For the financial year ended December 31st, 2018, the Group recorded revenue from ordinary activities at $ 1.403 billion, up 6% on $ 1.323 billion recorded in the prior corresponding period (pcp), reflecting improvement in the sales. The normalised net profit after tax stood at $ 81.6 million, up 8.9% on $ 74.9 million in pcp. Besides, the Group continued to deliver strong operating cash flows of $ 235.4 million with a closing net debt of $ 294 million, up $ 94.8 million on pcp stemming from the acquisition of Macpac in the second half at a net cash cost of $ 133.8 million, partially balanced by the working capital initiatives.
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