LA Private

November 2024

Nine’s AGM highlights: Streaming growth and Olympics

Nine Entertainment Group (ASX:NEC) has released a trading update ahead of its 10am Annual General Meeting today. Chair Catherine West and interim CEO Matthew Stanton detailed the company’s efforts to strengthen its integrated media portfolio and maintain audience engagement despite economic pressures and a shifting advertising landscape. Nine has expanded audiences across its platforms. Live […]

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Seven West Media notes sluggish advertising market, growth in broadcast audience

Seven West Media (ASX:SWM) has provided a trading update ahead of its 2024 Annual General Meeting at 11am today. Chairman Kerry Stokes and newly appointed CEO Jeff Howard outlined the company’s strategies to navigate a difficult economic environment while advancing digital transformation and maintaining strong audience engagement. Stokes highlighted the challenges faced by the media

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Sigma-Chemist Warehouse deal secures ACCC approval

Sigma Healthcare (ASX:SIG) announced a significant step forward in its proposed merger with Chemist Warehouse Group (CWG), following the Australian Competition and Consumer Commission’s decision not to oppose the deal. The approval comes with a court-enforceable undertaking from Sigma, ensuring competitive practices are maintained. The merger, which involves Sigma acquiring CWG in exchange for shares

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Sew far, sew good: IVE leads with sustainable uniforms

IVE Group (ASX:IGL) has announced its membership in Seamless, Australia’s first clothing stewardship scheme, becoming the first uniform supplier to join. Launched in July 2024, Seamless aims to establish a circular clothing industry by 2030, focusing on sustainable manufacturing, use, and recycling of garments. Other founding members include David Jones, Lorna Jane and the Sussan

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NAB navigates tough year to deliver near-expected earnings

National Australia Bank (ASX:NAB) has released its full-year financial results for 2024, revealing a statutory net profit of $6.96bn, down 6.1% from the prior year’s $7.41bn. Cash earnings also dropped — by 8.1% to $7.1bn, reflecting a challenging economic environment marked by persistent inflation and rising living costs. Earnings per share (EPS) fell to 227.9

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Elementos’s Cleveland project reveals high-grade fluorite discovery

Elementos (ASX:ELT), an exploration and development company focused on strategic minerals, in particular tin, has announced significant assay results from its Cleveland Project in Tasmania, confirming a major zone of high-grade fluorite mineralisation. The findings come from a completed drill hole within the Foleys Zone, located beneath the historic Cleveland Tin Mine. Key assays reveal a

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Propel Funeral Partners reports 24% revenue increase, on the back of acquisitions

Propel Funeral Partners (ASX:PFP), the second-largest provider of death care services in Australia and New Zealand next to Invocare (ASX:IVC), has released a trading update ahead of its 2024 Annual General Meeting, which will be held later today. The company operates 198 locations, including 38 cremation facilities and nine cemeteries, with a significant presence in

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