Original article by James Thomson
The Australian Financial Review – Page: 35 : 6-Sep-17

Data from Citigroup shows that the earnings of Australian-listed companies increased by 17.8 per cent in 2016-17, although growth was just 4.3 per cent when resources stocks are excluded. Earnings are forecast to rise by 3.4 per cent overall in 2017-18, although Tony Brennan of Citigroup notes that growth could be around 10 per cent when dividends are taken into account. Meanwhile, UBS expects earnings growth of 3.5 per cent overall. Citigroup also forecasts that the S&P/ASX 200 could potentially rise by 12 per cent in 2017-18.

CORPORATES
CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD, STANDARD AND POOR’S ASX 200 INDEX, SUNCORP GROUP LIMITED – ASX SUN, PRIMARY HEALTH CARE LIMITED – ASX PRY, AMP LIMITED – ASX AMP, COMPUTERSHARE LIMITED – ASX CPU, QANTAS AIRWAYS LIMITED – ASX QAN, BHP BILLITON LIMITED – ASX BHP, CALTEX AUSTRALIA LIMITED – ASX CTX