Codan Ltd
CDA: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^W | LOCK|?kJKY | LOCK|@>%FH&@ |
Codan: Defense Spending and Gold Fever Underpins Sales Growth
In a trading update, Codan says it expects fiscal 2026 first-half revenue of approximately AUD 394 million and underlying net profit after tax of at least AUD 70 million, representing growth of approximately 29% and 50%, respectively, compared with the same period last year. Shares rose about 17%.
