Company announcements to ASX about Covid-19


April 4, 2020

This list tracks announcements to the ASX by the largest 130 companies about the impact of the Covid-19 virus.

1. CSL: nothing as at April 5.
2. CBA: nothing on financial impact but announced this support package on March 19.
3. BHP: nothing as at April 5.
4. Westpac: no financial update but did file this business support statement on March 30 and this 6 page letter from the new chair on April 2.
5. NAB: a brief update on March 23 as part of a cleansing statement with conversion of capital notes to equity.
6. ANZ: March 17 internal interview with CEO, then customer support package on March 20 but no financial impact estimates.
7. Woolworths: a belated update on March 24 with little financial detail. Endeavour Group demerger delayed until 2021.
8. Macquarie Group: nothing as at April 5.
9. Wesfarmers: March 20 update outlining a range of impacts but not quantifying in financial terms.
10. Telstra: nothing until March 20 announcement of capex bring forward and end to job cuts.
11. Transurban: delivered a 16 slide update and CEO conference call on April 1.
12. Rio Tinto: March 24 update about slowdown in South Africa and Canada.
13. Fortescue: finally produced this statement on March 23 after WA closed its borders.
14. Woodside Petroleum: produced this statement on March 23 flagging massive cuts to capex.
15. Goodman Group: nothing as at April 5.
16. Aristocrat: withdrew earnings guidance on March 13.
17. Coles Group: nothing as at April 5.
18. Newcrest: guidance update on March 11 although this wasn't really crisis related.
19. Scentre Group: ASX update on March 18 re-affirming centres are remaining open and debt is in hand. Brief March 20 statement withdrawing guidance.
20. Brambles: nothing as at April 5.
21. Sydney Airport: March 23 update noting $1.3 billion in debt repayments over next 12 months.
22. QBE Insurance: a brief 5 paragraph statement on March 30 withdrawing guidance but providing no detail.
23. Santos: a detailed 3 page update on March 23.
24. Ramsay Healthcare: withdrew guidance on March 18 plus made this brief statement on March 26 after elective surgeries were cancelled.
25. ASX: nothing as at April 5.
26. Suncorp: nothing as at April 5.
27. IAG: a two page update focused on operational matters on March 30, but guidance was re-affirmed.
28. Amcor: nothing as at April 5.
29. Sonic Healthcare: withdrew guidance on March 20 but global laboratories are going flat out with testing.
30. REA Group: March 18 update but no downgrade
31. Dexus: March 26 statement withdrawing guidance and pointing to $1.3b in liquidity.
32. Origin Energy: nothing as at April 5.
33. APA Group: nothing as at April 5.
34. James Hardie: nothing as at April 5.
35. Cochlear: withdrew earnings guidance on March 16.
36. Magellan Financial Group: nothing as at April 5 although its listed funds each made a statement.
37. AGL Energy: nothing as at April 5.
38. Mirvac: withdrew earnings guidance on March 19.
39. South32: belated one page update on March 24 after South African shut down ordered.
40. GPT Group: withdrew earnings guidance on March 19.
41. Stockland: withdrew guidance on March 23 pointing to $850m of liquidity.
42. Aurizon: nothing as at April 5.
43. Afterpay: March 13 update on funding position and March 19 letter to shareholders.
44. Lend Lease: nothing as at April 5.
45. Northern Star: a belated March 26 statement warning of 10-15% drop in March quarter production and deferral of $55m interim dividend.
46. Oilsearch: announced cuts to capex on March 18.
47. Qantas: 4 announcements in total.
48. Computershare: March 11 profit downgrade based on lower interest rates
49. Tabcorp: two page statement on March 23 pointing to shutdown and ongoing uncertainties for racing.
50. Vicinity Centres: withdrew guidance on March 19 pointing to $1.3b in undrawn facilities.
51. Medibank Private: nothing as at March 27.
52. Scentre Group: terse statement on March 20 withdrawing guidance with no details.
53. Treasury Wine Estates: one of the earliest downgrades on February 25 focused on China impact but nothing since.
54. CIMIC: nothing as at March 27 apart from major shareholders spending $150m buying more shares.
55. AFIC: cancelled information meetings and released a mid-month NTA on March 16.
56. Ausnet Services: nothing as at March 27.
57. TPG Telecom: nothing as at March 27.
58. Evolution Mining: nothing as at March 27.
59. Orica: nothing as at March 27.
60. Caltex: warned on March 23 that jet fuel demand was down 80-90% but no financial commentary.
61. Seek: nothing as at March 27.
62. Tabcorp: March 23 statement about clubs/pubs closing whilst future of racing up in the air.
63. Computershare: early March 11 earnings downgrade due to falling world interest rates.
64. Reece Australia: nothing as at March 27.
65. Bluescope Steel: withdrew $302m EBITDA forecast on March 19 but stressed net debt was only $47 million.
66. Atlas Alteria: 3 page statement on March 23 flagging paying down debt rather than paying future dividends.
67. Argo: announced on March 24 that it was moving to weekly disclosure of its NTA, rather than monthly.
68. Soul Pattinson: nothing as at March 27.
69. AMP: withdrew guidance on March 26 but threadbare financial details.
70. Alumina: nothing as at March 27.
71. Crown Resorts: 5 COVID related statements so far the earliest being social distancing polices on March 16.
72. Dominos Pizza: a one pager on March 19 disclosing closure of French stores and pivot to take away.
73. Seven Group Holdings: nothing as at March 27.
74. Wisetech Global: nothing as at March 27.
75. Oilsearch: announced big cuts to capex on March 18.
76. Cleanaway: March 24 announcement dropping guidance, maintaining dividend and stressing $357m of banking headroom.
77. Altium: nothing as at March 27.
78. Harvey Norman: March 19 statement revealing offshore closures and rising Australian sales.
79. Bendigo Bank: nothing as at March 27.
80. Charter Hall: A March 25 statement pointing to a $148m performance fee and re-affirming guidance. Very bold.
81. Spark Group: nothing as at March 27.
82. JB Hi Fi: withdrew guidance on March 23 after shutdown, sparking share slump.
83. IDP Education: Silent until March 26 when it went into a trading halt and deferred its interim dividend but remains suspended through the weekend.
84. Orora: nothing as at March 27.
85. Qube Holdings: nothing as at March 27.
86. Worley: belated March 30 update pointing to $1.36 billion in liquidity and review of property portfolio.
87. Metcash: nothing as at March 27.
88. Carsales: cautiously withdrew guidance on March 20 but no financials disclosed.
89. Iluka Resources: nothing as at March 27.
90. Incitec Pivot: nothing as at March 27.
91. Ansell: upbeat statement on March 30 reaffirming guidance and pointing to booming medical glove sales. Sent stock up 25%.
92. Yancoal Australia: nothing as at March 30.
93. Mineral Resources: nothing as at March 30.
94. ALS Ltd: updated on March 27 saying had drawn down cash to repay US debt and some South American testing labs had been closed.
95. Boral: withdrew guidance on March 19 saying had $US500m borrowing capacity. Also disclosed a potential class action.
96. Steadfast: cautiously withdraw guidance on March 25 but no financial detail.
97. Bank of Queensland: belated one page update on March 30 but we get half year results on April 8.
98. Viva Energy: a March 24 update saying jet fuel down 80-90%, net debt only $137m.
99. NextDC: a good informative update on March 19 despite no direct financial impact.
100. Beach Energy: belatedly released a detailed statement on March 27 cutting guidance by $100m but stressing has net cash of $151 to weather storm.
101. Saracen Minerals: March 27 update sticking with guidance, pointing to strong balance but mentioned negotiations with banks.
102. Technology One: nothing as at March 30.
103. Challenger Financial Group: out early on March 16 with a one page update claiming it would still make more than $500m for the year.
104. Genesis Energy: nothing as at March 30.
105. Brickworks: March 20 statement on 12 brick plants in Pennsylvania closing and then half year results on March 26.
106. Milton: nothing as at March 30.
107. NIB Holdings: released a member support package on March 27 but little detail on financial impact.
108. Appen: nothing as at March 30.
109. IGO Ltd: March 20 update pointing to $395m in net cash for the iron ore miner.
110. Growthpoint: one pager on March 26 withdrawing guidance and pointing to $243m in undrawn debt lines.
111. Cromwell Group: no specific update but some mentions at EGM fending off Gary Weiss nomination.
112. OZ Minerals: March 30 statement deferring $150m in capex and pointing to net cash position.
113. Shopping Centres Australia: some good detail in its March 25 update which the likes of Scentre Group could learn from.
114. Nufarm: nothing as at March 27.
115. Platinum Asset Management: nothing as at March 27.
116. Premier Investments: aggressive March 26 statement standing down 9000 staff and closing all stores.
117. Downer EDI: brief 6 paragraph statement withdrawing guidance on March 19, then deferred $83m dividend on March 25.
118. Whitehaven Coal: nothing as at March 27.
119. Regis Resources: nothing as at March 30.
120. Pro Medicus: nothing until launched on-market buyback on March 30 but that statement was threadbare.
121. Abacus Property: a two paragraph withdrawal of guidance, perhaps the briefest statement linked on this list.
122. Graincorp: nothing as at March 27.
123. CSR: nothing as at March 27.
124. Link Administration: withdrew guidance on March 23 and disclosed net debt of $773 million.
125. Breville Group: withdrew $110m EBIT guidance on March 27 despite no early declines. Discussed liquidity.
126. Nine Entertainment: a brief one page statement on March 19 withdrawing guidance but sticking with the dividend.
127. Iress: nothing as at March 27.
128. Reliance Worldwide: March 25 update withdrawing guidance and cancelling interim dividend given debt levels after UK acquisition.
129. Viva Energy: March 24 update with sales and production data and pointing to strong balance sheet after Viva REIT sale.
130. Netwealth Group: March 19 update after RBA rate cut and actually cut guidance to something specific. A rarity.