ASX reporting season live updates: Everything you need to know about companies revealing results today

Shares in contractor Monadelphous have hit a record high, climbing more than 16 per cent in early trade to $35.38 - making it the best performer on the S&P/ASX 200 so far.

The surge came after the Victoria Park-based engineering outfit delivered a stunning set of first-half financials, with profit more than doubling to $64.9 million.

Revenue also hit a record of $1.53 billion in the six months.

Investors cheered the result after MD Zoran Bebic said Monadelphous was forecasting full-year revenue to be about 30 per cent higher than the prior period, with first-half operating margins maintained.

City Chic is yet to climb out of the red but CEO Phil Ryan noted profitable growth and positive operating cash flow in the first-half has “put us back on a pathway to sustainable growth”.

Total revenue at the Brett Blundy-backed women’s fashion retailer for the six months to December 28 came in at $69.2 million - down slightly from the previous year’s $64.5m.

City Chic trimmed is loss from $6.7m a year earlier to $5.3m.

In its Australia and New Zealand business, revenue increased 7.4 per cent, supported by “robust consumer demand” and an improved product performance, with momentum carrying over into the current half.

But its Amercian business continues to flounder, weighed down by the fallout of President Donald Trump’s tariffs.

“First-half revenue was $9.7 million, down 31.4 per cent on the prior corresponding period,” City Chic said

“This decline reflects the group’s deliberate decision to reduce purchasing in response to tariff-related volatility. The lower levels of fresh inventory particularly impacted partner channel sales, which rely on new product launches.”

The group ended the half in a net cash position of $5.4m, an increase of 84 per cent compared with June 2025.

Paramount Skydance raised its offer to buy Warner Bros Discovery, extending the long-running battle for one of Hollywood’s iconic studios.

The new bid improves on the $US30-a-share, all-cash proposal that Paramount took directly to Warner Bros. shareholders on December 8 and addresses some of the company’s concerns with previous Paramount bids.

Those terms include greater certainty of Paramount financing.

The media giant agreed in December to sell its film and TV studios and HBO Max business to Netflix for $US27.50 a share. That deal involves a spin off of Warner Bros. cable networks like CNN and TNT.

Warner Bros. agreed on February 17 to reopen talks with Paramount for a seven-day period ending February 23. If the Warner Bros. board deems the new Paramount offer as superior to the current agreement, Netflix will have four days to respond.

Monadelphous has hiked its dividend to investors after booking record revenue for the first half.

The engineering contractor’s revenue for the six months to the end of December surged more than 40 per cent to $1.53 billion, driving profit up 52.6 per cent to $64.9 million.

It will pay out a fully franked interim dividend of 49c a share - up from 33c a year earlier.

“The company experienced strong operating conditions across all sectors, with activity levels supported by the record level of work secured during the previous financial year,” Monadelphous said.

“The engineering construction division delivered revenue of $677.8m for the six months, an increase of around 67 per cent on the prior corresponding period, supported by service expansion and growing capability in end-to-end delivery.

“Zenviron, the company’s renewable energy business, also experienced increased activity from larger wind and battery energy storage projects.”

Revenue from the maintenance and industrial services division jumped 32.1 per cent to $852m.

Monadelpous has added $1.4b of new work to its order book since the start of FY26 and ended the first half with cash of $322m.

Managing director Zoran Bebic said Monadelphous is forecasting full-year revenue to be about 30 per cent higher than the prior period, with first-half operating margins maintained.

Record production for Woodside Energy has offset lower prices for its oil and gas, but it wasn’t enough to prevent full-year profit at the Perth-headquatered giant slipping to $US2.72 billion ($3.86b).

That was 24 per cent lower than the previous financial year.

Undrlying post-tax profit fell 8 per cent to $US2.65b.

Woodside will still pay out an improved final dividend of US59c a share - up from US53c a year earlier - but the full year fully franked dividend comes in 8 per cent lower at $US1.12.

Total operating revenue for the year was essential flat at $US12.99b, down from $US13.18b the previous year, on record production of 198.8 million barrels of oil equivalent.

Earnings were also flat at $US9.28b.

The result was underpinned by an “outstanding” production performance at Woodside’s Sangomar in Senegal which was producing at nameplate capacity for most of the year, and the reliability at its Pluto LNG and North West Shelf assets in North West WA.

Woodside acting CEO Liz Westcott said the record annual production in 2025 exceeded the guidance range and unit production cost decreased 4 per cent from 2024 to $US7.80 per barrel of oil equivalent.

“We are delivering on our commitments by leveraging our proven operational excellence, demonstrated project execution and delivery and continued financial discipline to reward shareholders today, while positioning Woodside for future value and growth,” she said.

Today’s results gave no hint of a potential successor to Meg O’Neill, who stepped down as CEO to take gardeing leave late last year ahead of her move to rival BP next month.

Woodside has previously said it expects to appoint a new CEO in the first quartef of the year.