Business
Woodside, Seven half-year results: What we learnt – The Australian Financial Review
Woodside sees signs that the oil and gas market is coming back into balance, while Seven Group’s WesTrac business underpins a resilient result.
Seven Group chief executive Ryan Stokes is feeling pretty good about the progress new Boral chief executive Zlatko Todorcevski is making at the building materials company.
And why not? Since Seven started buying Boral stock on March 16 last year, the stock is up 76 per cent, with Sevens 20 per cent stake valued at $1.26 billion. Todorcevski has a long way to go in his turnaround, but this is already looking like a handsome winner for Seven.
But that Stokes was willing and able to make that investment…
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