COMPANY RESULTS – AUSTRALIA

Pilbara worries cloud Aurizon dividend boost

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Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 : 18-Aug-15

Aurizon has reported a 15 per cent rise in underlying net profit after tax to $A604 million. The Australian-listed rail group informed investors on 17 August 2015 that its dividend payout ratio would rise to 70 to 100 per cent of underlying net profits after tax, from 60 to 70 per cent. Coal volumes are expected to remain unchanged between 210 million and 220 million tonnes in 2016 while iron ore volumes are forecast to decline to 24 million tonnes in 2016.

CORPORATES
AURIZON HOLDINGS LIMITED – ASX AZJ, PERPETUAL LIMITED – ASX PPT, GVK POWER AND INFRASTRUCTURE LIMITED

Oil sector profits to be dented as early recovery hopes fade

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 13/18 : 17-Aug-15

Woodside Petroleum, Santos and Origin Energy will continue to be under pressure to cut costs as the oil price is expected to remain low. The US benchmark crude has fallen to $US42.50 a barrel which is its lowest level since early 2009. The International Energy Agency believes oil markets will remain oversupplied until late 2016 or early 2017.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG, MACQUARIE CAPITAL PTY LTD, INTERNATIONAL ENERGY AGENCY, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES, CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD

Optus mobile subscriber base hit by competition

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Original article by David Ramli
The Australian Financial Review – Page: 18 : 14-Aug-15

Singtel-Optus has vowed to take the fight to Telstra in its bid to win an increased share of the mobile phone market. As it pursues the most lucrative sector of the market, Optus says it is already spending more per customer than its big rival. Optus net profit was $A196 million in the three months to 30 June 2015. Operating revenue rose 13 per cent to $A1.9 billion.

CORPORATES
SINGTEL OPTUS PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, VODAFONE AUSTRALIA LIMITED

Ipsos Australia reports 2014 pretax loss of $8.0m compared to a loss of $2.26m in 2013

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Original article by Roy Morgan Research
Market Research Update – Page: online : 14-Aug-15

IPSOS today published its annual financial report for the year ended 31 December 2014. Headline results show turnover has fallen 6% from $45.4m to $42.6m and operating costs have increased by 6% from $47.7m to over $50.6m. This 2014 result represents the first full year of inclusion of the EMMA readership survey that IPSOS started conducting in late 2013.

CORPORATES
IPSOS AUSTRALIA PTY LTD

Optus mobile subscriber base hit by competition

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Original article by David Ramli
The Australian Financial Review – Page: 18 : 14-Aug-15

Singtel-Optus has vowed to take the fight to Telstra in its bid to win an increased share of the mobile phone market. As it pursues the most lucrative sector of the market, Optus says it is already spending more per customer than its big rival. Optus net profit was $A196 million in the three months to 30 June 2015. Operating revenue rose 13 per cent to $A1.9 billion.

CORPORATES
SINGTEL OPTUS PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, VODAFONE AUSTRALIA LIMITED

Ipsos Australia reports 2014 pretax loss of $8.0m compared to a loss of $2.26m in 2013

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Original article by Roy Morgan Research
Market Research Update – Page: online : 14-Aug-15

IPSOS today published its annual financial report for the year ended 31 December 2014. Headline results show turnover has fallen 6% from $45.4m to $42.6m and operating costs have increased by 6% from $47.7m to over $50.6m. This 2014 result represents the first full year of inclusion of the EMMA readership survey that IPSOS started conducting in late 2013.

CORPORATES
IPSOS AUSTRALIA PTY LTD

Bumper debut for GPT Metro Office

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Original article by Nick Lenaghan
The Australian Financial Review – Page: 37 : 12-Aug-15

Australian-listed GPT Metro Office, which was floated in October 2014, has reported earnings per unit of $A0.1128 for 2014-15. The fund announced a distribution of $A0.1015 per unit. The fund’s six assets had their valuation increased by $A24 million to $A401.8 million.

CORPORATES
GPT METRO OFFICE FUND – ASX GMF

Bet365 bets on future after losses hit $117m

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Original article by John Stensholt
The Australian Financial Review – Page: 19 : 4-Aug-15

Bet365 has reported a loss of $A31 million for its Australian operations in the first quarter of 2015. The company lost $A40.8 million in the previous corresponding period. The accumulated losses of the UK-based wagering group’s Australian business are now $A117 million for its three full years of operation in Australia. The company is confident that its Australian business will become profitable in the long-term.

CORPORATES
BET365 GROUP LIMITED, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, SPORTSBET AUSTRALIA, WILLIAM HILL AUSTRALIA PTY LTD, FORBES INCORPORATED, CROWNBET PTY LTD, LADBROKES GROUP PLC

Primary Health scare on profit slump

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Original article by Jessica Gardner
The Australian Financial Review – Page: 18 : 17-Jul-15

Shares in Primary Health Care fell by $A0.42 to $A4.77 on 16 July 2015, after the group advised that its 2014-15 EBITDA will around $A400m, which is similar to the previous year. Primary had previously forecast that its EBITDA would be within the range of $A410m to $A425m. Primary has also indicated that it now expects a tax refund of about $A50m, compared with earlier expectations of $A130m.

CORPORATES
PRIMARY HEALTH CARE LIMITED – ASX PRY, AUSTRALIAN TAXATION OFFICE, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD, STANDARD AND POOR’S ASX 200 INDEX

Perpetual takes $1.6 billion hit

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Original article by Ruth Liew, Vanessa Desloires
The Australian Financial Review – Page: 22 : 16-Jul-15

Listed wealth manager Perpetual has advised that its funds under management fell from $A34.7bn to $A30.2bn in the June 2015 quarter. Equities accounted for the bulk of the $A1.6bn worth of net outflows for the quarter. The group had reported net inflows for each of the previous seven quarters. CEO Geoff Lloyd has refuted suggestions that the rise in outflows is linked to the resignation of Matt Williams as head of equities. Perpetual shares closed 6.6 per cent lower at $A45.60 on 15 July.

CORPORATES
PERPETUAL LIMITED – ASX PPT