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Via UBS:
February 2018 reporting season kicks off
Reporting season kicked off with RIO on 07 Feb delivering a 69% growth in profit and returning 49% of cash generated to shareholders, setting the scene for what could be a cash bonanza for shareholders.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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