Profit Wrap 2009

The Interim Profit Report for June 2009 by MorningStar
The Final Profit Report for June 2009 by MorningStar

Information published in these tables has been extracted by AFR staff from data supplied by Morningstar. No representation is given, warranty made or responsibility taken as to the accuracy, timeliness or completeness of this information and neither The Australian Financial Review or Morningstar will be liable to the reader for any loss or damage arising as a result of the reader relying on any such information (except in so far as any statutory liability cannot be excluded).


  • Australian companies prove they are resilient

    Relief is slowly transforming into a renewed sense of optimism as a better than expected profit reporting season highlighted corporate Australia's resilience against the sharpest global downturn since World War II.

  • Financial Review TV: Profit Wrap 2009 - part 1

    Features expert commentary from BT Investment Management head of equities Crispin Murray, Macquarie Securities equities strategist Tanya Branwhite and Aurora Funds Management director Hugh Latimer

  • Financial Review TV: Profit Wrap 2009 - part 2

    Hugh Latimer analyses the annual results of Woolworths, Qantas and Leighton Holdings

  • Blade runners find no hiding place in cost cuts

    Australia's listed companies have proved that when the going gets tough, the tough start cost-cutting.

  • Steadfast investors will be rewarded for their patience

    During the crisis, companies did their best to save money and cut dividends. Improved payouts will soon resume.

  • Executives tap equity markets for billions to pay down debt

    Company earnings might have been better than expected this reporting season, but that didn't stop a string of corporations from raising equity to de-gear their balance sheets.

  • Stiff broom taken to balance sheet cobwebs

    It was the great balance sheet clean-up.

  • Little colour as dark clouds start to clear

    It says a lot about the recent reporting season that the most entertaining moment came out of New Zealand. As company after company hit its forecasts, the slew of results presentations began to blur into a sea of dull predictability.

  • Stripping out the bad news is bare-faced spin

    Accountants have never been renowned for their creativity. Yet this reporting season shows the profession in a new light as companies seek to paint their weak earnings results in the best possible light amid a string of "one-off" asset write-downs and bad debt charges.

  • Hang on tight for the Aussie's wild ride

    Currencies were not immune to the volatility that gripped financial markets in the past year, and whip-saw trading in the Australian dollar compounded challenges for sharemarket-listed companies navigating the global recession.

  • Miners keen for rock-solid proof of turnaround

    The recession has tested true believers in "stronger for longer" commodity prices, but many mining industry executives are cautiously reaffirming their faith in the longer-term supercycle after a profit reporting season marred by write-downs and weaker revenues.

  • Profit Wrap 2009 - Roundtable

    Upbeat assessments of this year's final reporting season aren't just a product of companies beating rock bottom expectations, leading analysts say.

  • Minor gems sparkle as gloom fades

    Stimulus measures and better than expected conditions have brought surprises in smaller companies.

  • Our great, but uncertain, expectations

    The narrative of the reporting season could have been authored by Charles Dickens.