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Company Interview / Market Update | ResMed, Origin Energy, Lendlease, Sayona, Champion Iron, Pacific Smiles

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Market Update | ResMed, Origin Energy, Lendlease, Sayona, Champion Iron, Pacific Smiles

Company Interview31 Jan, 2025

The market reaches new heights with the ASX 200 breaking records at 8530 points. ResMed posts a remarkable 10% revenue jump to $1.3 billion, thanks to consumer wearables tracking sleep health and GLP-1 drugs.

Lendlease makes strategic moves, selling Capella Capital to Sockets Corp for $235 million, aiming to streamline and reduce funding needs. Telus acquires Image NAB for $73 million, enhancing its antibody engineering capabilities.

Origin Energy expects lower LNG output due to outages, yet sees a 3% revenue rise to $2.7 billion. Pacific Smiles battles acquisition offers, while Betmakers shifts to growth with a 69% earnings surge. Sayona's costs fall 6%, trading at a four-year low.

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Market Update | ResMed, Origin Energy, Lendlease, Sayona, Champion Iron, Pacific Smiles - Ausbiz Capital