RESULTS ROUND-UP
SIMS METAL MANAGEMENT
Summary: The metal recycler returned to profitability in the year as benefits of its five year turnaround plan offset lower volumes and prices.
Profit: $110m, up from $89m loss
Share price: Up $1.05 to $10.43
CABCHARGE
Summary: The taxi payments company was hit by state government caps on service fees.
Profit $46.8m, down from $56.1m
Share price: Down nine cents to $3.04
COCA-COLA AMATIL
Summary: The beverage giant plans to step up its marketing and release more new products to restore earnings growth in its Australian operations, after a flat half year performance for the Asia Pacific group.
Profit: $184m, up from $182m
Share price: Down 23 cents to $8.78
IAG
Summary: A blowout in insurance claims from Tropical Cyclone Marcia in Queensland and damaging storms in NSW took a hefty chunk out of the insurer’s annual profit.
Profit: $728m, down from $1.2b
Share price: Down 30 cents to $5.52
MEDIBANK PRIVATE
Summary: The health insurance giant beat market expectations, lifting premiums and profit margins in its first year as a listed company.
Profit: $285m, up from $131m
Share price: Up 27 cents to $2.28
SANTOS
Summary: CEO David Knox announced his departure and the energy producer will launch a review to restore shareholder value after plunging oil prices caused an 82 per cent fall in annual profit.
Profit: $37m, down from $206m
Share price: Down one cent to $5.60
SUPER RETAIL GROUP
Summary: Sales growth in SuperCheap Auto and Rebel offset a weaker performance from BCF, while costs from a restructure of Ray’s Outdoor and the closure of Fishing Camping Outdoors weighed on annual profit.
Profit: $81m, down from $108m
Share price: Up 11 cents to $9.77