Why Brambles, Codan, Objective Corp, and Super Retail shares are racing higher today

These shares are having a very strong day. But why?

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The S&P/ASX 200 Index (ASX: XJO) is having a strong session on Thursday and charging notably higher. At the time of writing, the benchmark index is up 0.9% to 8,997.3 points.

Four ASX shares that are rising more than most today are listed below. Here's why they are climbing:

A young woman pumps her fists in excitement after seeing some good news on her laptop.

Image source: Getty Images

Brambles Ltd (ASX: BXB)

The Brambles share price is up over 10% to $25.71. Investors have been buying this logistics solutions company's shares following the release of its full year results. Brambles reported a 3% lift in sales revenue from continuing operations to US$6,669.7 million and a 13% jump in operating profit after tax from continuing operations to US$864.2 million. Looking ahead, Brambles expects further strong profit growth in FY 2026. It is guiding to "sales revenue growth at constant FX rates of 3-5%; Underlying Profit growth at constant FX rates of 8-11%; and Free Cash Flow before dividends of between US$850-950 million."

Codan Ltd (ASX: CDA)

The Codan share price is up 12.5% to $26.64. The catalyst for this has been the release of the metal detector company's full year results. Codan posted a 22% increase in revenue to $674.2 million and a 27% lift in net profit after tax to $103.5 million. Management advised that this reflects strong organic growth, supplemented by the recently acquired Kagwerks business. In addition, the sky high gold price appears to be supporting the strong growth in metal detector sales.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price is up 18% to $22.40. This morning, this public sector focused software provider released its FY 2025 results and reported a 15.1% increase in annualised recurring revenue (ARR) to $120 million and a 13% lift in net profit after tax to $35.4 million. This allowed the Objective Corp board to declare a final unfranked dividend of 13 cents per share. Total dividends in FY 2025 were 22 cents per share.

Super Retail Group Ltd (ASX: SUL)

The Super Retail share price is up 12% to $18.55. This follows the release of the retail conglomerate's full year results. The Supercheap Auto owner posted a 4.5% lift in group sales to $4.1 billion and a 4% decline in normalised net profit after tax to $232 million. This appears to have been better than feared. And once again, Super Retail announced a special dividend (30 cents per share) alongside its final dividend of 34 cents per share. Both payouts will be fully franked.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Objective and Super Retail Group. The Motley Fool Australia has positions in and has recommended Objective and Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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