External broker reports(aggregated public sources), Ord Minnett

Ord Minnett

Ord Minnett is a leading Australian wealth management group, incorporating full-service stockbroking, financial planning and funds management. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><div><ul><li>Supply Network expects to report a 1H23 NPAT of $12.7m, up 34% on the pcp and 4% ahead of our $12.2m forecast.</li><li>The company declared a 1H23 dividend of 20.0 cps, up 67% on the 12.0 cps dividend declared in 1H22 and ahead of our 15.0 cps forecast.</li><li>While profit growth may slow somewhat in 2H23, this is largely due to investments for future growth.</li></ul></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Supply Network expects to report a 1H23 NPAT of $12.7m, up 34% on the pcp and 4% ahead of our $12.2m forecast.The company declared a 1H23 dividend of 20.0 cps, up 67% on the 12.0 cps dividend declared in 1H22 and ahead of our 15.0 cps forecast.While profit growth may slow somewhat in 2H23, this is largely due to investments for future growth.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Supply Network Limited - 1H23 Earnings Update and Dividend Announcement