Morgans Blog | Morgans

Wagners: Doubling down on the NewGen opportunity

26 August 2021, 10:30 AM

Wagners' (ASX:WGN) FY21 result highlighted its clear earnings recovery, with strong cash generation and continued de-leveraging key highlights.

Reliance Worldwide: Strong across the board

By Alex Lu

24 August 2021, 10:30 AM

Reliance Worldwide's (ASX:RWC) FY21 result was comfortably above our expectations.

PWR Holdings Limited: Opportunities galore

By Alex Lu

21 August 2021, 9:00 AM

While PWR Holdings Limited's (ASX:PWH) FY21 revenue was below our forecast, stronger-than-expected margin expansion resulted in earnings growth slightly ahead of our expectations. The result overall however was slightly below Bloomberg consensus estimates

The Reject Shop: Playing the long game

20 August 2021, 1:30 PM

TRS continues to execute on its material cost-out program, although A$5m of FY21 wins will be re-invested in FY22.

Amcor: Rock solid

By Alex Lu

19 August 2021, 8:00 AM

Amcor's (ASX:AMC) FY21 result was broadly in line with expectations.

Tabcorp Holdings: Keeping our eye on the demerger prize

19 August 2021, 7:30 AM

Tabcorp Holdings' (ASX:TAH) FY21 result was in line with our forecasts and consensus. A record result from Lotteries & Keno (L&K) was the highlight and illustrated the resilience of the business.

Coles Group: Still going strong

By Alex Lu

19 August 2021, 7:00 AM

Coles Group's (ASX:COL) FY21 result was slightly above our expectations but in line with Bloomberg consensus forecasts.

Brambles: Solid growth despite cost pressures

By Alex Lu

18 August 2021, 10:00 AM

Brambles Limited's (ASX:BXB) FY21 result was largely in line with expectations, although on a constant FX basis, earnings were slightly ahead of forecasts.