Contact Insights – September 2021 – Reporting Season Highlights
Reporting Season Highlights a Few Diamonds in the Rough
August is always a compelling month for the share market as corporate results separate the wheat from the chaff. We consider the August 2021 reporting period to have been generally solid – one that was characterised by more beats than misses and strong dividend or capital management announcements. However, the return of the virus and several State-wide lockdowns meant that many corporates shied away from providing guidance. In this Contact Insights piece, we provide a few high-level comments on the Reporting Season. We also discuss three companies in our Portfolios that, while possibly less well-known, delivered pleasing results and offer exciting prospects.