Business
3 of the best ASX 200 results from last week
Last week was another busy one for investors with an endless stream of results releases.
Three results which were arguably among the best released over the period are summarised below. Here’s what you need to know about them:
This hearing solutions company released a surprisingly strong half year result last week. For the six months ended 31 December, Cochlear posted an underlying net profit of $125.3 million. Impressively, despite facing tough trading conditions caused by COVID-19, Cochlear’s profit was down only 4% in constant currency from its record first half profit in the prior corresponding (and COVID-free) period.
Looking ahead, a strong second half is expected by management. It has provided full year underlying net…
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