PRE-MARKET AUSTRALIAN STOCKS NEWS: Earnings from Abacus, AMA, AUB, Nine Entertainment, Scentre, Southern Cross Media, Viva Energy & Woodside Energy

The pre-market earnings reports from several Australian companies present a mixed picture.

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PRE-MARKET AUSTRALIAN STOCKS NEWS: Earnings from Abacus, AMA, AUB, Nine Entertainment, Scentre, Southern Cross Media, Viva Energy & Woodside Energy

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Abacus Group (ABG AT) - Co. H1 (AUD) net profit was 47.6mln, funds from operations fell 0.2% Y/Y to 40.1mln, revenue fell 1.6% Y/Y to 82.5mln. (Dow Jones Newsplus)

AMA Group (AMA AT) - Co. H1 (AUD) net loss was 0.9mln, normalised EBITDA rose 22% Y/Y to 30.5mln, revenue rose 6% Y/Y to 524.1mln. (Dow Jones Newsplus)

ARB Corp (ARB AT) - Co. H1 (AUD) net profit fell 17% Y/Y to 42.2mln, underlying net profit fell 14% Y/Y to 43.2mln, revenue fell 1% Y/Y to 362.2mln. (Dow Jones Newsplus)

AUB Group (AUB AT) - Co. H1 (AUD) underlying NPAT rose 14% Y/Y to 90.4mln, reported NPAT rose 34% Y/Y to 35.3mln, underlying EPS rose 14% Y/Y to 0.78, guidance raised. (Motley Fool)

Coronado Global Resources (CRN AT) - Co. FY (USD) net loss was 432.1mln, revenue fell 22% Y/Y to 1.95bln. (Dow Jones Newsplus)

HMC Capital (HMC AT) - Co. H1 (AUD) net profit was 5.8mln, revenue fell 25% Y/Y to 95.5mln, dividend 0.06. (Dow Jones Newsplus)

Maas Group (MGH AT) - Co. H1 (AUD) net profit rose 21% Y/Y to 37.9mln, underlying EBITDA rose 21% Y/Y to 115.3mln, revenue rose 35% Y/Y to 639.3mln. (Dow Jones Newsplus)

Mader (MAD AT) - Co. H1 (AUD) net profit rose 17% Y/Y to 30.5mln, revenue rose 18% Y/Y to 485.2mln. (Dow Jones Newsplus)

National Australia Bank (NAB AT) - Co. Chief Risk Officer and current acting CFO Dooley is to retire by year-end. (Dow Jones Newsplus)

Nine Entertainment (NEC AT) - Co. H1 (AUD) continuing operations net profit rose 42% Y/Y to 81.4mln, revenue fell 5% Y/Y to 1.06bln, dividend 0.045 (prev. 0.035). (Dow Jones Newsplus)

Pacific Current (PAC AT) - Co. H1 (AUD) net loss was 11.7mln, underlying net profit was 6.7mln, revenue fell 59% Y/Y to 8.5mln. (Dow Jones Newsplus)

Scentre Group (SCG AT) - Co. FY (AUD) net profit rose 69% Y/Y to 1.78bln, revenue rose 1.8% Y/Y to 2.69bln. (Dow Jones Newsplus)

Southern Cross Media (SXL AT) - Co. H1 (AUD) net loss was 7.4mln, revenue rose 21% Y/Y to 254.7mln, dividend suspended. (Dow Jones Newsplus)

Tyro Payments (TYR AT) - Co. H1 (AUD) net profit rose 72% Y/Y to 17.7mln, revenue rose 1.1% Y/Y to 251.1mln. (Dow Jones Newsplus)

Viva Energy (VEA AT) - Co. FY (AUD) replacement-cost net profit fell 28% Y/Y to 183.6mln, revenue fell 1.1% Y/Y to 28.53bln, historical-cost net loss was 421.1mln. (Dow Jones Newsplus)

Woodside Energy (WDS AT) - Co. FY (USD) net profit fell 24% Y/Y to 2.72bln, revenue fell 1% Y/Y to 12.98bln, final dividend 0.59. (Dow Jones Newsplus)

Context

While AUB Group, Nine Entertainment, and Tyro Payments showed significant profit growth, firms like Woodside Energy and Coronado Global Resources reported declines, indicating sector-specific challenges. Investors should consider the implications of these results on overall market sentiment and the affected sectors, particularly as they reflect varying economic conditions and operational resilience in Australia.

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