These three stocks are household names across Australia, but where are company specifics at from an investor’s point of view with reporting season now done?
Here’s a recap.
Beacon Lighting Group Ltd (ASX: BLX)
Lighting and ceiling fan retailer Beacon Lighting Group delivered a 19.7% increase in NPAT to $11.3 million with revenue at $122.2 million for the half-year to December 31, 2017 and announced an expected record profit for FY18.
Beacon has 108 stores across Australia and its half-year report showed in-store and online sales were up, with company store sales up 14.2% and online sales increasing by 45.9% over the previous corresponding period.
Beacon has worked to expand its presence internationally over the half and has launched on Amazon Australia’s new platform.
Beacon Lighting share prices opened steady today at $1.70, about in line with its share price at this time last year, and up from some regular troughs across the last 12 months.
The small cap retailer could have an even better half than its last if its relationship with Amazon proves to be a positive step, and it’s one to watch closely as the online retail landscape transforms across all retail sectors as Amazon makes its mark.
Capilano Honey Ltd (ASX: CZZ)
Net profit before tax has dropped for Australian-based honey producer Capilano Honey as it reported a statutory net profit before tax of $5.99 million for the half-year ending December 31, 2017, down from $7.47 million for the previous corresponding period.
But the discrepancy was more the case of a one-off non-operating capital gain of just over $2 million from the sale of beekeeping assets, meaning this year’s NPBT was actually up 10.8% on Capilano’s underlying operating profit performance when compared to last year.
Revenue has risen 5.7% to $70.3 million, with Capilano pointing to the diversification of its product range as a driving factor in the growth, with non-honey products growing 97% in the reporting period.
The share price trend looks pretty sweet for Capilano, opening today at $17.05 and tracking upwards for the last 12 months from $13.96 at this time last year.
Conditions are also favourable for beekeepers across the country due to increased rain, with production expected to drive growth for FY18, and Capilano investing in market research in China as part of a new market strategy to better access key Asian markets.
Capilano products can be found in most Australian pantries and the small cap is one to watch as Australia retains its position as the “future food bowl of Asia” with all signs pointing to the dining boom still being in play for several ASX-listed food retail and agricultural companies.
S&P/ASX 200 household name big brothers Blackmores Limited (ASX: BKL) and Domino’s Pizza Enterprises Ltd (ASX: DMP) have both had mixed eporting seasons, with Blackmores shares at $127.29 and Domino’s Pizza opening today up slightly to $40 after investors were knocked by its lowered expectations for sales growth at home.
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Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Blackmores Limited. The Motley Fool Australia owns shares of Capilano Honey 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 Bruce Jackson.
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