Daily Roundup
Monday, 10th February 2025
Last updated: 21:00
DDR.ASX PLS.ASX CTQ.ASX GQG.ASX CAR.ASX
Strong Results Across the Board for Top Aussie Firms
Dicker Data Delivers Solid Dividend
Dicker Data Ltd is rounding out the year on a high note, announcing a fully franked dividend of 11 cents per share for Q4 2024. The ex-date is set for February 13th, with the record date on February 14th and payment scheduled for March 1st. Shareholders can also opt to reinvest their dividends through the company's Dividend Reinvestment Plan, which will have no discount applied.
Pilbara Minerals Shines in H1 FY25
It's been an impressive first half for Pilbara Minerals, with the company reporting robust underlying results driven by record production and sales at its Pilgangoora Operation. While statutory earnings were impacted by investments in new growth initiatives, the company's underlying EBITDA is expected to land between $71-75 million. Pilbara also completed its P680 expansion project on schedule and budget during the period.
Careteq Partners with MedicAlert for Medication Safety
In a move to enhance medication safety for Australians, Careteq Limited has announced a strategic partnership with MedicAlert Foundation Australia. The collaboration will combine MedicAlert's medical identification services with Careteq's medication management expertise, addressing the critical challenge of medication-related harm. Both organizations are excited about the potential to create a more comprehensive safety net for their respective communities.
GQG Partners Sees Continued Inflows
Global investment manager GQG Partners continues to attract investor capital, reporting total funds under management (FUM) of US$160.4 billion as of January 31st. This represents a healthy net inflow of US$1.7 billion for the month, with the company's diverse range of equity strategies all contributing to the growth.
CAR Group Delivers Excellent H1 Results
Rounding out the day's announcements, CAR Group has posted impressive numbers for the first half of fiscal 2025. The company's proforma revenue and EBITDA both grew by 12%, driven by excellent performance across its global operations, including standout results in Brazil, North America, and Asia. CAR Group is bullish on the road ahead, citing large, underpenetrated markets and multiple avenues for future growth.
References
DDR.ASX | 15:32 | Dividend/Distribution - DDR |
PLS.ASX | 08:26 | Business and Earnings Update |
CTQ.ASX | 09:51 | Careteq announces Strategic Partnership with Medic Alert |
GQG.ASX | 08:30 | FUM as at 31 January 2025 |
CAR.ASX | 08:22 | FY25 Half Year Media Release |