REPORTING CALENDAR- AUGUST 2022
It is again that time of the year when investors across the globe gauge ASX-listed companies releasing their results and outlook. The period outlines the most crucial time in the financial markets, driving market momentum and aiding investors in their decision making.
The August Reporting Season is likely to unveil how companies have been able to manage their balance sheets amid continued internal challenges and external uncertainties! We are wary of the turbulence at a bigger scale wherein business earnings are impacted by external factors like coronavirus (omicron) impact and other global economic and political risks. Nonetheless, we expect a group of star performers defensively showcasing the potential.
In view of the above, we bring to you the timeline of these earnings releases so that you do not miss out to check the performance of prominent ASX-listed companies!
|Date||Company Name||ASX Code||Reporting period||Business Outlook|
|22-Aug-22||Ampol Ltd||ALD||HY22||Ampol is eager to collaborate with Z Energy to hasten the transition to a low-carbon future. In order to promote New Zealand's energy transition, it has also committed to investing AU$125 million between 2023 and 2028.|
|22-Aug-22||EML Payments Ltd||EML||FY22||EML is concentrating on rolling out two new embedded payment solutions, BNPL and Subscriptions, as well as advancing the product layer's development on the new platform.|
|22-Aug-22||Star Entertainment Group||SGR||FY22||The Star expects to complete the sale of the first tranche of the Treasury assets in Brisbane in 1H FY2023 (AU$170m).|
|23-Aug-22||Pilbara Minerals Ltd||PLS||FY22||For the balance of the 2022 calendar year (CY22), Pilbara received a letter from its lenders formally waiving the cash sweep mechanism under the USD Syndicated Debt Facility.|
|23-Aug-22||Breville Group Ltd||BRG||FY22||By speeding up its inventory build for the 1H23, Breville hopes to head off any potential supply chain issues in the first half of FY23.|
|23-Aug-22||Endeavour Group||EDV||FY22||Endeavour Mining Plc is a United Kingdom-based gold mining company. The Company has project development and exploration assets and is focused on managing these assets.|
|24-Aug-22||Coles Group Ltd||COL||FY22||Supplier input cost inflation is expected to continue in the fourth quarter and into FY23. Coles will continue to focus on providing trusted value for customers to ease the burden from cost of living pressures.|
|25-Aug-22||Qantas Airways Ltd||QAN||FY22||For the majority of FY23, the Qantas Group is altering its domestic capacity levels to help with the recovery of consistently high fuel prices.|
|26-Aug-22||Polynovo Ltd||PNV||FY22||Medical device developer PolyNovo Limited is situated in Australia and specialises in creating equipment for a range of uses.|