The full year results of private hospital operator Ramsay Health Care Limited (ASX: RHC) and the half year results of lithium miner Galaxy Resources Limited (ASX: GXY) may take the headlines today, but they weren't the only companies releasing their numbers.
Three results that may have slipped under your radar are summarised below:
The Atlas Arteria Group (ASX: ALX) share price is down almost 4.5% to $6.74 after the toll road operator posted a disappointing half year result. Although the company, formerly known as Macquarie Atlas Roads, reported a 3.4% increase in its aggregate portfolio traffic and a 5.6% lift in proportionate revenue to $559.9 million, it posted a first half loss of $15.5 million. The loss includes expenses from internalisation costs and performance fees which were calculated pursuant to its Internalisation Proposal.
The Compumedics Limited (ASX: CMP) share price has zoomed 17% higher to 55 cents after reporting a sizeable jump in profits in FY 2018. The medical device company posted an 8% increase in revenues for shipped and invoiced sales to $37 million and a whopping 133% jump in net profit after tax to $2.8 million. In addition to this, investors appear to have been pleased with the company's guidance for FY 2019. Management expects revenue in the range of $40 million to $42 million and net profit after tax in the range of $4 million to $5 million. At the high end of its guidance range this means growth of 13.5% and 78.5%, respectively. Sales could be given an additional lift its China joint venture goes ahead. A decision on this joint venture is expected by mid-November.
The Silver Chef Limited (ASX: SIV) share price has risen almost 3% to $2.26 after the commercial equipment rental company released its preliminary full year results. Silver Chef's results were impacted greatly by the exit of its GoGetta business and a material reset of its collections strategy. This led to the company reporting a statutory net loss after tax of $48 million. One bright spot was that its underlying hospitality business posted a net profit before tax of $17.3 million. Looking ahead, the board and management remain confident in its core hospitality business and believe its transformation strategy will deliver growth and returns over coming years.
