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Marius Mariton

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Pacific

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Virgin Australia: Costs Are In The Air
Virgin Australia expects to grow its earnings & costs in the second half of FY26. The airline anticipates demand for air travel to remain strong, and will increase domestic capacity by around 2 to 3 %. This means capex will increase in the second half, with the purchase of a new aircraft... in addition to restructuring and IT costs. In the first half, underlying earnings were up 11.7% to $490 million. But Statutory profit came in 28% lower on the previous corresponding period
Marius Mariton
Feb 271 min read


Is Seek Getting the Job Done?
Seek has narrowed its FY26 guidance to the upside after improving yields in the first half. Seek says AI-enabled ads and an outcome-based pricing has increased its yield, offsetting a decrease in volume caused by macroeconomic conditions and its freemium offer. Seek still recorded a loss of $178 million in the first half, due to a previously declared loss in value from its investment in a Chinese jobs platform. Seek is now targeting between $195 and $215 million in adjusted p
Marius Mariton
Feb 171 min read


Has Cochlear turned a Corner?
Cochlear as flagged that its profit for this financial year should be towards the lower end of guidance as the rollout of an implant took longer than expected. For FY26, underlying net profit is expected at the lower end of guidance, currently in the 435 to $460 million range. In the first half of the financial year, Cochlear has reported a sales revenue growth of 1%, but down 2% in constant currency. Underlying net profit was down 9% to $195 million. Cochlear expects a stron
Marius Mariton
Feb 131 min read


Roaring Reporting Season
Roaring company results sent the S&P/ASX 200 past the 9,000 point mark this Wednesday. The index gained 1.66% to 9,014.88 points, pushed higher by the banking sectors as the Commonwealth Bank was reporting. Echoing August 2025, results season once again triggered large share price movements. ASX-mammoth CBA banked its best day in six years, up 6.8% as it reported record first-half cash earnings, thanks to robust growth in lending and deposit volumes. Heading the oth
Marius Mariton
Feb 111 min read


Going James Hardie on the defensive
James Hardie has marginally increased its FY26 earnings guidance, saying it is taking actions to mitigated a "mixed macro backdrop". In the third quarter, the building materials manufacturer has reported a 30% increase in net sales, which comes down to 1% in organic net sales due to the company using its inventory. CEO Aaron Erter has declared that James Hardie is in the process of optimising manufacturing, and aligning costs to what is described as a stabilising pace of dema
Marius Mariton
Feb 111 min read


BlueScope Bid
BlueScope has received a takeover proposal valuing it at $30 a share. This unsolicited and non-binding offer has been made by a consortium composed of Kerry Stokes' SGH and the US-listed Steel Dynamics. Under the offer, SGH would aquire all of Bluescope's shares and then sell the North American businesses to Steel Dynamics. The BlueScope board says it is currently reviewing the offer. Looking back to late 2024 and early 2025, Steel Dynamics had already approached BlueScope wi
Marius Mariton
Jan 61 min read
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