Reporting Season: Life360, Seven Group Holdings, QBE Insurance Group

Deeper into Profit Reporting Season this week, with several portfolio companies reporting results. We flagged in recent weeks that we expect significant volatility in share prices associated with this year’s results. Twenty years ago, share price changes were more muted, but several issues have arisen that increase the volatility of results in ASX’s two reporting seasons in February and August. 

Steady start to reporting season: Beach Energy and Garda Property Group

An uneventful first week of Profit Reporting Season with only Beach Energy bringing forward its results to Monday. We also caught up with the management team of our strong-performing Garda Property Group this week. 

In this edition of Investment Matters, we update clients on the Beach Energy and Garda results. 

Company Profit Reporting Season continues

In an effort to provide a more complete picture, we will continue to provide some updates on the prospects of our portfolio companies as gleaned from our coverage of the ASX Reporting Season.