Daily FNArena News - Australia

APA Group will go it alone in the construction of a new gas pipeline in Western Australia’s goldfields, having assessed significant demand exists from a range of mineral producers

Harvey Norman has sustained high rates of sales and profit growth since the start of FY21 and there is little sign of an impending slowdown in household goods expenditure. How long can this continue?

A strong year beckons for Brickworks in Australia where building activity is ramping up. In contrast, the US business is subdued, beset by the pandemic

TechnologyOne provided a solid performance over FY20, despite the pandemic and extra provisioning, although several brokers remain wary of valuation

In a much-anticipated acquisition, GUD Holdings has committed to the expansion of its automotive business with the purchase of ACAD from AMA Group, now considered a takeover target

Enthusiasm for Ampol has softened despite a positive update, as the market awaits a decision on the Lytton refinery amid a cloudy outlook for fuel margins

Accent Group is rolling out new stores with unrelenting enthusiasm while its new formats offer options for the longer term

City Chic Collective has embarked on a number of initiatives, expected to boost sales as Australasia emerges from the peak of the retail shutdowns

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

ALS has invested in additional geochemistry capacity as the cycle for global mineral exploration ramps up again, providing an improved earnings outlook