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ASX reporting season live updates: Everything you need to know about companies revealing results today

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Daniel NewellThe West Australian
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Mader shares have been smashed in early trade.
Camera IconMader shares have been smashed in early trade. Credit: Supplied

The big names are back in action today as February reporting season hits fever pitch.

The best for last? Not quite, we’ve still got a few days to go, but it’s certainly going to be a huge day.

Up first is Woodside Energy. It’s closing in on completing the massive Scarborough LNG project off WA’s North West but is increasingly looking to the US to fuel growth.

Also airing their financial laundry will be WA engineering outfit Monadelphous, Viva Energy, City Chic, Kelsian Group, Nine Entertainment, Scentre Group and AUB Group.

IT stocks in firing line as WA miners shine

Two WA miners are the best-performing stocks on the Australian market today as the S&P/ASX200 heads for the finish line.

Liontown soared almost 10 per cent to $1.83, with Iluka Resources adding a healthy 8.4 per cent to $5.75.

Fellow miner PLS was also among the top-five, gaining 7.4 per cent to $4.69.

Viva Energy and Imdex were also higher, 8.3 per cent and 7.5 per cent, respectively.

But the gains couldn’t keep the index in the black. It was down 8.4 points to 9017.6 an hour before the close.

Only the energy, materials, industrials and consumer staple sectors managed to hold in the green. IT stock were again the biggest losers, shedding almost 3 per cent.

ARB Corporation was hammered 13.1 per cent lower to $21.35 while WA-headquartered shipbuilder Austal plunged 11.2 per cent to $4.98 - making them the two poorest performers on the market today.

Ex-ANZ boss Elliott drops suit over bonus cuts from bank

Former ANZ chief executive Shayne Elliott has dropped his court case against the bank relating to withheld bonuses.

No payments or commitments were made to Elliott, with both parties bearing their own costs, according to an ANZ statement on Tuesday.

Elliott had taken the Australian bank to court over millions of dollars in bonuses it withheld due to scandals that emerged under his watch.

Current and former senior executives took hits to compensation, with Elliott forfeiting around $13.5 million for failures that resulted in regulatory penalties and extra capital requirements.

Current CEO Nuno Matos has been steering an overhaul of the bank since taking over in May.

ANZ was fined $250 million last year for misconduct in its retail and institutional divisions and was forced to hold an additional $250m in capital after shortcomings in leadership and poor behavior were revealed.

Adore Beauty shares smashed

Shares in Adore Beauty were smashed in morning trade after the cosmetics retailer unveiled a 70 per cent slide in profit for the December half.

Profit after tax hit just under $190,000 in the 26 weeks to December 28 as revenue lifted 8.7 per cent to $111.9 million.

Gross margin fell 120 basis points to 35 per cent, reflecting heavy promotional activity during the Black Friday and Cyber Monday sales periods.

Shares in the company were down 11 per cent to 76c in early trade on Tuesday.

“We stepped-up our omni-channel rollout during the half, opening 10 stores since July with a further six in the pipeline for the remainder of CY2026,” chief Sacha Laing said.

“While more than half of these stores opened in the final months of CY2025, we are already seeing the benefit of our retail network on customer acquisition and brand awareness.”

Mader Group smashed on dividend deferral

Record first-half profits haven’t saved mining fleet maintenance company Mader Group from a sharemarket savaging.

The company’s shares were nearly 15 per cent lower in early trading on Tuesday after Mader “deferred” its interim dividend, despite returning an 18 per cent increase in interim net profit to $30.5 million on revenue that was up 17 per cent at a record $485.2m.

The company, which is now deploying its tradespeople into the energy, marine, maintenance and road transport sectors, said the suspension of the dividend would “accelerate its pathway to a net cash position” and “strengthen liquidity to support a more aggressive approach to organic and inorganic growth opportunities”.

“Historically, dividend payments have been modest, and accordingly the group’s primary focus remains on optimising capital allocation to fund future growth initiatives,” it said.

Mader said it remained on track to achieve at least $1 billion in revenue for the full year and $65m of net profit.

Scentre ups profit as occupancy, visitor rates set fresh highs

Westfield shopping centre owner Scentre Group has reported a statutory profit of $1.78 billion for the full year as occupancy across its retail portfolio rose to the highest level since 2013.

Its shopping malls also attracted 540 million people over the 12 months - up 14 million on the previous year and the best result since 2019.

“Our focus is to attract more people to our destinations and give them reasons to stay longer when they are with us,“ said group chief executive Elliott Rusanow.

“By doing this, we continue to improve our ability to attract a broader range of businesses to partner with us at our Westfield destinations.”

Scentre’s business partner achieved a record $30b of sales during 2025 - $1b more than in 2024, with the second half growing by 4.5 per cent.

For the month of January 2026, business partner sales grew by 5.4 per cent. on the comparable period.

Scentres operates 42 Westfield centres across Australia and New Zealand.

It has four in WA, where visitor numbers over 2025 rose just over one per cent compared to 2024 to 37.2 million. Business partner sales across the malls rose 6 per cent to $2.6b.

Cedar Woods lifts guidance on booming first half profit

Booming demand has residential developer Cedar Woods Properties on track for a record annual profit after the group more than doubled its first-half earnings.

The company on Tuesday announced a net profit of $39.6m, up from $15m for the same period a year earlier, as revenue rose 40 per cent to $274.8m.

Cedar Woods has subsequently lifted its full-year guidance and is now tracking towards annual earnings growth of between 30 per cent and 35 per cent. That’s up from the 20 per cent growth tipped in just mid-December.

“The upgrade has been made possible by strong sales conditions which has enabled additional price growth, further settlements and significantly lower marketing

spend,” chief executive Nathan Blackburne said.

As at December 31, Cedar Woods’ presales were sitting at $748m, against $642m for a year earlier.

“Good enquiry and sales continue to be underpinned by a nationwide shortage of housing, good economic conditions, low unemployment and continued population growth,” Mr Blackburne said.

The interim dividend was lifted to 14 cents a share from 10 cents previously.

Cedar Woods achieved record sales volume of 859 in the first half, up 18 per cent on the 732 recorded in the first half in 2025

“Western Australia continues to be the strongest market with high demand for affordable land lots in particular,” the company said.

“Conditions in Queensland also remain strong, with South Australia steady and

Victoria improving.”

Its shares were 3 cents higher at $7.99 as at 8.20am.

Mona flying high on record results

Shares in contractor Monadelphous have hit a record high, climbing more than 16 per cent in early trade to $35.38 - making it the best performer on the S&P/ASX 200 so far.

The surge came after the Victoria Park-based engineering outfit delivered a stunning set of first-half financials, with profit more than doubling to $64.9 million.

Revenue also hit a record of $1.53 billion in the six months.

Investors cheered the result after MD Zoran Bebic said Monadelphous was forecasting full-year revenue to be about 30 per cent higher than the prior period, with first-half operating margins maintained.

City Chic’s US business still a drag

City Chic is yet to climb out of the red but CEO Phil Ryan noted profitable growth and positive operating cash flow in the first-half has “put us back on a pathway to sustainable growth”.

Total revenue at the Brett Blundy-backed women’s fashion retailer for the six months to December 28 came in at $69.2 million - down slightly from the previous year’s $64.5m.

City Chic trimmed is loss from $6.7m a year earlier to $5.3m.

In its Australia and New Zealand business, revenue increased 7.4 per cent, supported by “robust consumer demand” and an improved product performance, with momentum carrying over into the current half.

But its Amercian business continues to flounder, weighed down by the fallout of President Donald Trump’s tariffs.

“First-half revenue was $9.7 million, down 31.4 per cent on the prior corresponding period,” City Chic said

“This decline reflects the group’s deliberate decision to reduce purchasing in response to tariff-related volatility. The lower levels of fresh inventory particularly impacted partner channel sales, which rely on new product launches.”

The group ended the half in a net cash position of $5.4m, an increase of 84 per cent compared with June 2025.

Paramount puts in higher offer for Warner

Paramount Skydance raised its offer to buy Warner Bros Discovery, extending the long-running battle for one of Hollywood’s iconic studios.

The new bid improves on the $US30-a-share, all-cash proposal that Paramount took directly to Warner Bros. shareholders on December 8 and addresses some of the company’s concerns with previous Paramount bids.

Those terms include greater certainty of Paramount financing.

The media giant agreed in December to sell its film and TV studios and HBO Max business to Netflix for $US27.50 a share. That deal involves a spin off of Warner Bros. cable networks like CNN and TNT.

Warner Bros. agreed on February 17 to reopen talks with Paramount for a seven-day period ending February 23. If the Warner Bros. board deems the new Paramount offer as superior to the current agreement, Netflix will have four days to respond.

Monadelphous hikes payout on first-half blinder

Monadelphous has hiked its dividend to investors after booking record revenue for the first half.

The engineering contractor’s revenue for the six months to the end of December surged more than 40 per cent to $1.53 billion, driving profit up 52.6 per cent to $64.9 million.

It will pay out a fully franked interim dividend of 49c a share - up from 33c a year earlier.

“The company experienced strong operating conditions across all sectors, with activity levels supported by the record level of work secured during the previous financial year,” Monadelphous said.

“The engineering construction division delivered revenue of $677.8m for the six months, an increase of around 67 per cent on the prior corresponding period, supported by service expansion and growing capability in end-to-end delivery.

“Zenviron, the company’s renewable energy business, also experienced increased activity from larger wind and battery energy storage projects.”

Revenue from the maintenance and industrial services division jumped 32.1 per cent to $852m.

Monadelpous has added $1.4b of new work to its order book since the start of FY26 and ended the first half with cash of $322m.

Managing director Zoran Bebic said Monadelphous is forecasting full-year revenue to be about 30 per cent higher than the prior period, with first-half operating margins maintained.

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