Universal Store has upgraded its guidance on group sales to be in the range of $258 million to $261 million for FY23 with underlying EBIT also higher yet shareholders were downvoting shares by more than 27% on a bleak spending outlook.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
Plenti Group [ASX:PLT] Experiences Revenue Jump of 62% to $143 Million
Plenti has reported a jump in its revenue, up 62% to $143 million in its full-year results, which the group says is a ‘testament’ to the strength of its technology-led business model and team.
Webjet [ASX:WEB] Hits Higher Revenue with Returning Travel Momentum
Travel booking company Webjet reported an increase to its revenue of 164% to $364.4 million in FY23 and EBITDA grew to $134.8 million.
29Metals [ASX:29M] Updates on Capricorn 2023 Copper Guidance
Copper miner 29Metals has updated its 2023 production guidance for Capricorn, with mined ore figures now ranging the guidance range of between 514 and 584 kilo tonnes.
Westgold Resources [ASX:WGX] Posts ‘Outstanding Drill Results’ at Fingall
Gold miner Westgold sought to update investors on the latest assay results from its Fingall gold deposit, calling the results ‘outstanding’, and to inform an updated MRE for June.
Qantas’s [ASX:QAN] Strong Performance Paves Way for Higher FY23 Profit
Qantas posts higher profit for FY23, buoyed by the return to travel demand, and says it will be able to invest further in its fleet, improve its guidance, and look to better shareholder returns.





