Good afternoon and welcome to the Thursday edition of Market Close, I’m Jonathon Davidson. It was a somewhat happier day as Australian icon Qantas paid its first dividend in years and household name Coles proved to be consistently growing.
Revenue: $1 billion, a 6% increase from the prior year.Adjusted EBIT: $239 million, a 4% increase from the prior year.Adjusted Net Profit: $154 million, slight
Interest rates down, share prices up. If that sounds like a simple formula then it certainly is but the proof is in the pudding as the Australian market