Daily Roundup

Friday, 1st May 2026
Last updated: 21:00 | Max Version 🚀

AVA.ASX RMD.ASX ANZ.ASX EQR.ASX COL.ASX

Strong Start to 2026 for Leading Aussie Firms

AVA Risk Group Delivers Solid Q3 Results

AVA Risk Group reported a strong Q3 FY2026, with $6.1 million in sales order intake and a $21.7 million year-to-date total. The company's sales order backlog stood at $6.2 million, including $2.6 million in contracted annual recurring revenue. AVA also completed a $7.0 million strategic investment from Hale Capital, providing growth capital and a new strategic partner to support the company's U.S. expansion plans.

ResMed Declares Dividend, Reports Robust Quarterly Results

Medical device maker ResMed announced a quarterly dividend of $0.06 per share, payable on June 18. The company also delivered impressive Q3 FY2026 results, with revenue up 11% to $1.4 billion and non-GAAP earnings per share climbing 21%. ResMed cited strong demand for its sleep and respiratory care products as well as continued operational improvements.

ANZ Delivers Double-Digit Profit Growth

Banking giant ANZ Group reported a 14% increase in cash profit for the first half of 2026, driven by revenue growth and disciplined cost management. The company's return on tangible equity also improved to 11.6%. ANZ is making solid progress on its strategic initiatives, including the integration of Suncorp Bank and the rollout of a single customer front-end.

Coles Supermarkets Shine, eCommerce Surges

Coles Group reported another strong quarter, with Supermarkets sales revenue growing 4% and comparable sales up 3.6%. Excluding tobacco, Supermarkets sales were up 5.7%, reflecting Coles' focus on value and customer engagement. The company's eCommerce business also continued to shine, with sales growth of 24.8% and penetration reaching 13.6%.

EQ Resources Shifts Focus to Organic Growth

EQ Resources has decided not to proceed with the proposed acquisition of Tungsten Metals Group, instead focusing on growing production from its existing operations and expanding its resource base. The company will continue to advance its strategic priorities, including increasing tungsten concentrate output and progressing planned drilling programs.

Overall, it's been a solid start to 2026 for many of Australia's leading companies, with a mix of dividend payouts, robust financial results, and strategic progress across a range of sectors. Investors will be closely watching to see if these positive trends continue throughout the year.