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.
The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer.
Explore the markets with our free course
Learn how shares work – and discover the wide range of markets you can trade CDFs on – with IG Academy's free ’introducing the financial markets’ course.
Put learning into action
Try out what you’ve learned in this shares strategy article risk-free in your demo account.
Ready to trade shares?
Put the lessons in this article to use in a live account – upgrading is quick and easy.
- Trade over 12 000 popular global stocks
- Protect your capital with risk management tools
- React to breaking news with out-of-hours trading on 70 key US stocks
Inspired to trade?
Put your new knowledge into practice. Log in to your account now.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
