ASX 200 rises 0.7%, CSL soars 6.4%

The S&P/ASX 200 Index (ASX:XJO) rose by 0.7% today. The CSL Limited (ASX:CSL) share price grew by 6.4% after reporting.

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) went up by 0.72% to 6,168 points today.

It was a very busy do for reporting today. Here were a number of the highlights:

CSL Limited (ASX: CSL)

The CSL share price went up 6.4%.

In FY20 the large healthcare business saw statutory profit after tax grow by 17% in constant currency terms to US$2.1 billion with revenue growth of 9% in constant currency terms.

The ASX 200 share declared a final dividend of US$1.07 per share, bringing the total full year dividend to US$2.02 – up 9%. In Australian dollar terms the dividend rose 11% to $2.95.

Net profit after tax in FY21 is expected to be in the range of US$2.1 billion to US$2.265 billion in constant currency terms. That would be profit growth of up to 8%.

WiseTech Global Ltd (ASX: WTC)

The strongest performer within the ASX 200 was the WiseTech share price which rocketed higher by 34%.

WiseTech reported that its total revenue increased by 23% to $429.4 million with the percentage of recurring revenue improving to 89%.

Earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 17% to $126.7 million. The EBITDA margin declined slightly to 30%.

Net profit attributable to shareholders rose by 197% to $160.8 million. However, underlying net profit was flat at $52.6 million.

WiseTech declared a final dividend per share of $1.60, down 18% from last year's $1.95 per share payment.

In FY21 the ASX 200 company is predicting that revenue will be between $470 million to $510 million, representing growth of 9% to 19%. EBITDA is expected to grow to $155 million to $180 million, which would be growth of 22% to 42%.

Corporate Travel Management Ltd (ASX: CTD)

The Corporate Travel Management share price rose by more than 10% after releasing its FY20 result.

The ASX 200 business reported underlying EBITDA of $65 million including $0.5 million of underlying EBITDA in the second half of FY20.

Underlying net profit was $32 million before one-off items. Including those items, the statutory result was a net loss of $8.2 million.

Management said the business can be profitable on its domestic-only model with a significant contribution from its essential services travel. Its client retention rate is more than 97% and it said it's winning business in all regions.

The company saw an underlying EBITDA loss of $2.2 million in July 2020, though the ANZ and European regions broke even.

There was no interim or final dividend in FY20.

Nearmap Ltd (ASX: NEA)

The Nearmap share price fell over 11% today – it was one of the worst performers within the ASX 200 after reporting its FY20 result.

Its annualised contract value at 30 June 2020 was $106.4 million, up from $90.2 million a year ago. Statutory revenue increased by 25% to $96.7 million. Customer churn increased to 9.9% during the year, up from 5.3%.

However, it said its EBITDA fell from $15.5 million last year to $9.1 million in FY20.

It reported a much steeper net loss after tax of $36.7 million after making a number of investments across the business for growth.

In the first seven weeks of FY21, Nearmap said its ACV portfolio growth has continued. It's similar to the growth rate for the same period in FY20.

Domino's Pizza Enterprises Ltd. (ASX: DMP)

The Domino's share price rose by 8.9% today after reporting.

Network sales rose 12.8% to $3.27 billion and online sales increased by 21.4% to $2.36 billion.

The ASX 200 busines revealed that its underlying earnings before interest and tax (EBIT) went up by 3.6% to $228.7 million. Underlying net profit after tax rose by 3.3% to $145.8 million. Underlying earnings per share (EPS) rose by 2.7% to 169.4 cents.

Free cash flow rose 90.6% to $161.8 million and the full year dividend was increased by 3.3% to 119.3 cents.

The company is aiming for same store sales growth of 3% to 6% per annum over the next three to five years whilst growing its store count by 7% to 9% per annum.

Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. and WiseTech Global. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited and Nearmap Ltd. The Motley Fool Australia has recommended Domino's Pizza Enterprises Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Woman in celebratory fist move looking at phone
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Broker Notes

These ASX 200 shares could rise 20% to almost 30%

Analysts are tipping these shares to deliver big returns over the next 12 months.

Read more »

A young woman carefully adds a rock to the top of a pile of balanced river rocks.
Share Market News

Here's how the ASX 200 market sectors stacked up last week

Energy and utilities stocks led the way last week with 4%-plus gains.

Read more »

Animation of a man measuring a percentage sign, symbolising rising interest rates.
Share Market News

Here's when Westpac says the RBA will now cut interest rates

Will borrowers need to wait until the middle of next year for relief? Let's find out.

Read more »

Boys making faces and flexing.
Opinions

3 ASX 300 shares to buy and hold for the long run

I believe these stocks have loads of growth potential.

Read more »

Young girl drinking milk showing off muscles.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a great end to the trading week for ASX investors today.

Read more »

Hands reaching high for a trophy with a sunset in the background.
Record Highs

The ASX 200 Index is on its way to another all-time high today. Here's why

These blue chip stocks are driving the index towards a new record today...

Read more »

Group of friends trading stocks on their phones. symbolising the 3 most traded ASX 200 shares today
Share Market News

3 ASX mining stocks topping the most-traded list in October

Chinese stimulus news and company announcements likely contributed to the higher trading activity.

Read more »