Ebit


Coles makes profit, not many killed

Just when it seemed like the fiasco at the Coles Group had drawn to a close, the AFR revealed today that the merged retailer just “produced its best first quarter profit figure in five years,” writes Adam Schwab.

Telstra profit disappoints as executive team scores a whole new deal

The Telstra board and management have thrown another hand grenade into public debate this morning with the simultaneous release of a disappointing full year profit and a fabulously generous new employment deal for CEO Sol Trujillo.

The sorry saga of Australian Pharmaceutical Industries

One would be hard-pressed to find a better example of how not to run a business than the sorry saga of Australian Pharmaceutical Industries, owner of Priceline, Price Attack and Soul Pattinson.

Can Wesfarmers do a Myer with Coles?

Is the latest word on Coles and Wesfarmers a message from Cassandra (whose prophesy was correct, but was not believed) or Jonah (who got one right, was believed, then got one wrong)? asks retail commentator Rob Lake.

Good prospects for Coles sale, but no private equity fairytale

While leverage and supply chain improvements may make the purchase of Coles at a price of around $17.00 per share an astute deal, it looks very unlikely to be anything like the private equity fairytale that Myer has become.