The S&P/ASX 200 Index (ASX: XJO) is having a strong session on Thursday and charging notably higher. At the time of writing, the benchmark index is up 0.9% to 8,997.3 points.
Four ASX shares that are rising more than most today are listed below. Here's why they are climbing:
The Brambles share price is up over 10% to $25.71. Investors have been buying this logistics solutions company's shares following the release of its full year results. Brambles reported a 3% lift in sales revenue from continuing operations to US$6,669.7 million and a 13% jump in operating profit after tax from continuing operations to US$864.2 million. Looking ahead, Brambles expects further strong profit growth in FY 2026. It is guiding to "sales revenue growth at constant FX rates of 3-5%; Underlying Profit growth at constant FX rates of 8-11%; and Free Cash Flow before dividends of between US$850-950 million."
The Codan share price is up 12.5% to $26.64. The catalyst for this has been the release of the metal detector company's full year results. Codan posted a 22% increase in revenue to $674.2 million and a 27% lift in net profit after tax to $103.5 million. Management advised that this reflects strong organic growth, supplemented by the recently acquired Kagwerks business. In addition, the sky high gold price appears to be supporting the strong growth in metal detector sales.
The Objective Corporation share price is up 18% to $22.40. This morning, this public sector focused software provider released its FY 2025 results and reported a 15.1% increase in annualised recurring revenue (ARR) to $120 million and a 13% lift in net profit after tax to $35.4 million. This allowed the Objective Corp board to declare a final unfranked dividend of 13 cents per share. Total dividends in FY 2025 were 22 cents per share.
The Super Retail share price is up 12% to $18.55. This follows the release of the retail conglomerate's full year results. The Supercheap Auto owner posted a 4.5% lift in group sales to $4.1 billion and a 4% decline in normalised net profit after tax to $232 million. This appears to have been better than feared. And once again, Super Retail announced a special dividend (30 cents per share) alongside its final dividend of 34 cents per share. Both payouts will be fully franked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.