Chanticleer
What we learnt: Woodside, Scentre, Altium, Coles
Woodside powers up, Scentre wins your time, Altium shocks the market in the best way and Coles goes cheap.
On the big days of this month’s earnings season, The Australian Financial Review’s Chanticleer columnists James Thomson and Anthony Macdonald have extracted the gold from the key profit results.
AM: The bigger Woodside Energy is really hitting its straps. It’s easy to forget that this company went through a transformative acquisition only a year ago, acquiring BHP Petroleum to more than double in size. Fourteen months post completion, there are no massive write-downs or regrets – just bigger dividends for investors and more cash for its growth projects, although full synergies remain a work in progress.
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