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Highlights:
- CSL Limited (ASX:CSL) paid an unfranked dividend of US$1.07 a share for 1H FY23 on 5 April 2023.
- Fortescue Metals Group Ltd (ASX:FMG) 3Q FY23’s average revenue of US$108.57/dmt was a realisation of 87% of the average Platts 62% CFR index of US$125.50/dmt.
- REA Group Ltd (ASX:REA) paid a 100% franked dividend of 75 cps for 1H FY23 on 21 March 2023.
The Australian benchmark index S&P/ASX200 index was low by 0.04% and trading at 7,194.20 points on Thursday, 4 May 2023, at 3:34 pm AEST. At the same time, CSL Limited (ASX:CSL), Fortescue Metals Group Ltd (ASX:FMG) and REA Group Ltd (ASX:REA) were up by 0.156%, 1.375% and 0.939%, respectively.
Let’s now scan through 3 ASX200 bluechip stocks- CSL, FMG and REA.
CSL Limited (ASX: CSL)
The researcher, developer and manufacturer of pharmaceutical and diagnostic products fell 0.156% and was trading at AU$300.060 on Thursday, at 3:34 pm AEST.
In its 1H FY23 results ended 31 December last year, CSL’s revenue increased 19% to US$7,183.5 million from US$6,041.2 million in pcp (US$889 million of which is attributable to CSL Vifor). NPAT for the period decreased by 7% to US$1,640.2 million. Basic EPS fell 12% to US$3.37 from US$3.85 in pcp. For the half-year period, an unfranked dividend of US$1.07 a share was paid on 5 April 2023.
In the 1H FY23 period, CSL concluded the acquisition of Vifor Pharma AG (CSL Vifor), which is now delisted from the Swiss Exchange with effect from 23 December last year.
Fortescue Metals Group Ltd (ASX: FMG)
The vertically integrated green energy and resources group climbed 1.375% and was trading at AU$20.265 on Thursday at 3:34 pm AEST.
In its 3Q FY23 report ended 31 March, FMG’S iron ore shipments of 46.3 mt contributed to record shipments for the nine months to 31 March of 143.1 mt. In the reported quarter, FMG’s average revenue of US$108.57/dmt represents a realisation of 87% of the average Platts 62% CFR index of US$125.50/dmt. As of 31 March 2023, FMG’s cash balance was US$4 billion, the same as noted on 31 December. The C1 cost was 3% greater than the earlier quarter to US$17.73/wmt.
In the reported period, building work was concluded at Fortescue Future Industries’ electrolyser manufacturing facility. There is continued development in FFI’s priority projects in the US, Australia, Brazil, etc. Further, FFI obtained renewable power with a Power Purchase Agreement with Statkraft.
REA Group Ltd (ASX: REA)
A multinational digital advertising business specialising in property rose 0.939% and was trading at AU$138.630 on Thursday at 3:34 pm AEST.
In the 1H FY23 results, REA clocked revenue of AU$617.3 million, increasing 5% from pcp. It was underpinned by 3% growth in Australia, with yield growth throughout their advertising products more than offsetting a difficult market condition and extremely robust previous year comparables, especially in 2Q. In the reported period, NPAT was 9% lesser to AU$205 million.
For the half-yearly period, REA’s board decided on a 100% franked distribution of 75 cps, which was paid on 21 March 2023. As of 31 December 2022, cash and cash the equivalents of the company stood at AU$142.3 million.
