FY15 reporting

Company updates

360 Capital delivers strong FY15 result

360 Capital’s strong FY15 result and guidance for the FY16 highlights the company’s continuing and successful transition into a co-investor and fund manager, with recurring income streams from its co-investment and funds management activities more than doubling over the reporting year

Company updates

Qantas achieves its optimal capital structure through a strong FY15 result

Qantas has delivered on the market’s expectation of a bumper FY15 result - $975m in underlying pre-tax profit, $2bn in operating cash flow and a $1bn reduction in debt. The FY15 financial credit metrics meet investment grade levels, with the airline now having in place what it considers to be an optimal capital structure. However, we believe the rating agencies will closely consider the impact of the large ~$500m shareholder distribution before a decision is made on a rating upgrade to investment grade

Read more