PRE-MARKET AUSTRALIAN STOCKS NEWS: Coles Group (COL AT) Q1 (AUD) supermarket sales revenue rose 3.6% Y/Y to 10.32bln, with comparable sales rising 2.7% Y/Y but lagged behind its main rival Woolworths (WOW AT)
ORIGINAL · NewsquawkPRE-MARKET AUSTRALIAN STOCKS NEWS: Coles Group (COL AT) Q1 (AUD) supermarket sales revenue rose 3.6% Y/Y to 10.32bln, with comparable sales rising 2.7% Y/Y but lagged behind its main rival Woolworths (WOW AT)Read originalHide original
CAR Group (CAR AT) - Co. reiterated its FY27 outlook, with CEO citing good business momentum four months into the financial year. (Dow Jones Newsplus) Coles Group (COL AT) - Co. Q1 (AUD) supermarket sales revenue rose 3.6% Y/Y to 10.32bln, with comparable sales rising 2.7% Y/Y but lagged behind its main rival Woolworths (WOW AT), liquor sales revenue fell 1.3% Y/Y to 831mln, expects H1 supermarket EBIT to be in line with the prior year despite additional fuel-related costs. (Dow Jones Newsplus) Helia Group (HLI AT) - Co. Q3 (AUD) statutory net profit 36.5mln, insurance rev. 82.8mln, maintained FY insurance revenue guidance and expects FY incurred claims ratio to remain well below through-cycle average levels. (Dow Jones Newsplus) Origin Energy (ORG AT) - Co. Q1 (AUD) APLNG rev. rose 32% Q/Q to 2.60bln, APLNG production 162.8PJ, realised average LNG price USD 13.27/MMBtu, domestic gas price AUD 5.67/GJ, electricity sales volumes rose 3% Q/Q and gas sales volumes fell 7% Q/Q. (Dow Jones Newsplus) Pinnacle Investment Management (PNI AT) - Co. Q1 (AUD) affiliate FUM rose 4% Q/Q to 238.1bln, retail FUM rose 8% Q/Q to 54.8bln, international FUM fell 1% Q/Q to 74.4bln, net inflows 5.9bln. (Dow Jones Newsplus) ResMed (RMD AT) - Co. Q1 (USD) net 418mln, operating income 453mln, rev. 1.4bln (exp. 1.39bln), adjusted EPS 2.91 (exp. 2.69), gross margin 61.5% and adjusted gross margin 62.5%. (Dow Jones Newsplus) Rio Tinto (RIO AT) - Co.'s Oyu Tolgoi mine suspended underground operations. (Newswires)
Coles reported Q1 supermarket growth but lower liquor revenue; the news also covered company outlooks and results, ResMed’s quarterly earnings, and an Oyu Tolgoi underground-operations suspension.
News detail
CAR Group (CAR AT) - Co. reiterated its FY27 outlook, with CEO citing good business momentum four months into the financial year. (Dow Jones Newsplus) Coles Group (COL AT) - Co. Q1 (AUD) supermarket sales revenue rose 3.6% Y/Y to 10.32bln, with comparable sales rising 2.7% Y/Y but lagged behind its main rival Woolworths (WOW AT), liquor sales revenue fell 1.3% Y/Y to 831mln, expects H1 supermarket EBIT to be in line with the prior year despite additional fuel-related costs. (Dow Jones Newsplus) Helia Group (HLI AT) - Co. Q3 (AUD) statutory net profit 36.5mln, insurance rev. 82.8mln, maintained FY insurance revenue guidance and expects FY incurred claims ratio to remain well below through-cycle average levels. (Dow Jones Newsplus) Origin Energy (ORG AT) - Co. Q1 (AUD) APLNG rev. rose 32% Q/Q to 2.60bln, APLNG production 162.8PJ, realised average LNG price USD 13.27/MMBtu, domestic gas price AUD 5.67/GJ, electricity sales volumes rose 3% Q/Q and gas sales volumes fell 7% Q/Q. (Dow Jones Newsplus) Pinnacle Investment Management (PNI AT) - Co. Q1 (AUD) affiliate FUM rose 4% Q/Q to 238.1bln, retail FUM rose 8% Q/Q to 54.8bln, international FUM fell 1% Q/Q to 74.4bln, net inflows 5.9bln. (Dow Jones Newsplus) ResMed (RMD AT) - Co. Q1 (USD) net 418mln, operating income 453mln, rev. 1.4bln (exp. 1.39bln), adjusted EPS 2.91 (exp. 2.69), gross margin 61.5% and adjusted gross margin 62.5%. (Dow Jones Newsplus) Rio Tinto (RIO AT) - Co.'s Oyu Tolgoi mine suspended underground operations. (Newswires)
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