AU market earnings: Domino's profits dip while IAG and Santos show resilience
Domino's Pizza sees a 2% profit decline, Santos reports strong cash flow despite revenue drop, and IAG benefits from stable weather conditions. Key updates ahead for Super Retail Group, Eagers Automotive, and more.
[AI generated]
This video was created on 21 August for IG audiences by ausbiz.
Domino's, Santos and IAG deliver mixed results
Domino's Pizza reported a 2% drop in full-year profit to $120.4 million, while global sales grew by 4.6%. Santos saw a 9% decline in revenue to $2.7 billion but maintained strong cash flow, paying a record half-year dividend. Insurance Australia Group (IAG) posted an 8% profit increase to $898 million, benefiting from stable weather conditions and rising insurance premiums.
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