LA Private

November 2024

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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