Stocks making the biggest moves at noon: SGH, Breville Group, CSL, gold miners and more

These are the ASX companies and sectors making headlines in afternoon trade.

Charter Hall Social Infrastructure REIT (ASX: CQE) – Shares surged 8.5% after the REIT reported a strong set of 1H25 results. The key numbers include:

• Operating earnings of $28.5 million

• Fully occupied $2.1 billion property portfolio

• Acquired a pathology laboratory in Perth

• Divested some childcare assets

• Portfolio resilience demonstrated by an 11.9-year WALE

• 43% of income subject to market rent reviews in the next four years

SGH (ASX: SGH) – Shares soared 4.8% to record highs after the company's first-half FY25 result broadly beat market expectations.

• Revenue up 2% to $5.5 billion, slight 0.5% miss against $5.54 billion consensus

• EBIT up 10% to $843 million or 6% ahead of $795 million consensus

• Adjusted EBITDA up 8% to $1.09 billion or 5.7% ahead of $1.04 billion consensus

• Interim dividend of 30 cents per share, around 10% ahead of consensus

• Reaffirmed FY guidance of high single-digit EBIT growth

Dicker Data (ASX: DDR) – Shares rallied 5.0% after the company declared an interim dividend of 11 cents per share after market close on Monday.

Seven West Media (ASX: SWM) – Shares rallied 4 .2% after the company reported a better-than-feared set of 1H25 results.

• Total TV audiences increased by 1.5%, with strong BVOD audience growth (+43%) offsetting a modest linear decline (-1.8%)

• Total TV advertising revenue down 6% due to a soft market (-5.4%) and major one-off sporting events

• 1H25 costs declined by 2%, with full-year costs tracking to guidance of ~$20 million to $30 million lower year-over-year

• 1H25 underlying NPAT down 40% to $37.4 million

• Digital sports rights driving audience and revenue growth, with 347,000 new 7plus users during cricket

• Expects modest earnings growth in the second half, benefiting from AFL growth and the Federal election

Gold miners experienced a broad-based rally after gold prices hit a record US$2,938 at the time of writing. Bullion prices have surged 4.9% over the last two sessions— an unprecedented move. Stocks leading the charge include Meeka Metals (+8.3%), St Barbara (+7.7%), Pantoro (+7.6%), Evolution Mining (+6.6%), De Grey (+5.5%) and Northern Star (+5.0%).

Breville Group (ASX: BRG) – Shares are trading around breakeven after dropping as much as 6.1% in early trade. Breville's 1H25 results largely exceeded market expectations, while its full-year guidance was in line. The selling pressure may stem from valuation concerns, with the stock trading at a price-to-earnings ratio of around 45—its highest since December 2021.

• Group revenue up 10.1% to $997.5 million (0.7% ahead of consensus)

• Underlying EBITDA up 11.5% to $177.6 million (1.3% beat)

• NPAT up 16.1% to $97.5 million (0.9% beat)

• Interim dividend up 12.5% to 18 cents per share (2.1% miss)

• Guided to FY25 EBIT growth of 5-10% (consensus is expecting 10%)

• Coffee segment continues to lead, ovens performing well

• Entering 2H25 with a strong inventory position, while US trade policy remains uncertain.

CSL (ASX: CSL) – Shares tumbled 4.2% to the lowest level since December 2023 after the company reported a weaker-than-expected 1H25 result. The company missed the market's expectations across all key metrics including revenue, net profit and dividend. While the company reaffirmed its full year outlook, this implies a big step up in the second half.

• Revenue up 5% to $8.48 billion vs. $8.54 consensus (0.7% miss)

• NPATA up 3% to $2.07 billion vs. $2.16bn consensus (4.1% miss)

• Earnings per share up 3% to $4.29

• Interim dividend of $1.30 per share vs. Morgan estimates of $1.35 per share (3.7% miss)

  • When converted to Australian dollars, the interim dividend is approximately A$2.08 per share, up 16% year-over-year.

• Reaffirmed FY25 NPATA guidance of $3.2 billion to $3.3 billion at constant currency, representing year-on-year growth of 10-13%

Austal (ASX: ASB) – Shares in the shipbuilder dipped 5.6% after JPMorgan downgraded the stock from Overweight to Neutral. However, analysts slightly raised their target price to $3.75 (from $3.50).