In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end its winning streak. The benchmark index is currently down 0.3% to 7,971.1 points.
Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:
Breville Group Ltd (ASX: BRG)
The Breville share price is up almost 7% to $31.62. This morning, this appliance manufacturer released its FY 2024 results and revealed a 3.5% increase in revenue to $1.53 billion and a 7.5% jump in net profit to $118.5 million. And while no guidance was given for the year ahead, management revealed that it has the flexibility to deliver earnings growth. It said: "It is too early to predict how these forces will play out across the whole year, but our expense budget is again set with flexibility to deliver EBIT growth under a range of probable revenue and cost scenarios."
Charter Hall Group (ASX: CHC)
The Charter Hall share price is up 15% to $13.91. Investors have been buying the property company's shares following the release of its FY 2024 results. While Charter Hall reported a statutory loss of $222.1 million, this was due to net fair value movements on investments and property. The company's operating earnings were strong at $358.7 million for the year. This allowed Charter Hall to pay total dividends of 45.1 cents per share, which was in line with a year earlier.
Healius Ltd (ASX: HLS)
The Healius share price is up 9.5% to $1.61. This has been driven by the release of the healthcare company's full year results. Healius revealed a 6.1% increase in business as usual revenue to $1.74 billion. Things weren't quite as positive for its earnings before interest and tax, which fell 34% on an underlying basis to $65.4 million. And on a reported basis, the company recorded a loss after tax of $645.8 million. Offsetting this has been news that FY 2025 has started strongly. Investors may believe the worst is now behind the company.
WiseTech Global Ltd (ASX: WTC)
The WiseTech Global share price is up almost 17% to $110.20. This morning, this logistics solutions company released its full year results and reported a 28% jump in revenue to $1.04 billion and a 28% increase in underlying EBITDA to $496 million. The latter was ahead of its guidance range for FY 2024. And looking ahead, management is expecting more strong growth in FY 2025. It is guiding to EBITDA of $660 million to $700 million, representing growth of 33% to 41%.
