ASX:CDA

4 stories mentioning ASX:CDAUpdated just now

Every FINWIRES story that references ASX:CDA, newest first.

Etherstack Signs $830,000 Follow-On Deal With Codan Unit for Digital Radio Technology; Shares Up 7%

Etherstack (ASX:ESK) said its North American unit Etherstack Inc. has signed a follow-on $830,000 deal to supply further digital radio communications technology to Daniels Electronics, a unit of Codan (ASX:CDA), according to a Monday Australian bourse filing.The company said the latest order follows on from a previous $2.3 million deal announced in December 2023, with hardware components manufactured by Etherstack in Australia.Etherstack management expects the follow-on revenue to be fully recognized in the current financial year ending Dec. 31, 2026, with equipment sales of this type typically providing for additional long-term support revenues, the filing added.Management expects first half revenue ending June 30, 2026 to meet or exceed previously provided guidance, with an update to follow post the end of the half-year period, it added.Etherstack's shares rose almost 7% in recent Monday trade, while Codan's shares shed about 1%.

ASX:CDAASX:ESK

Asia27d ago

ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Tuesday.Fisher & Paykel Healthcare (ASX:FPH): +7%, AU$29.55NRW Holdings (ASX:NWH): +3%, AU$7.46Capstone Copper (ASX:CSC): +2%, AU$14.23Wesfarmers (ASX:WES): +2%, AU$77.31Ventia Services Group (ASX:VNT): +2%, AU$6.28Southern Cross Gold (ASX:SX2): +2%, AU$9.86Sims (ASX:SGM): +2%, AU$24.61Alcoa (ASX:AAI): +2%, AU$100.97Codan (ASX:CDA): +2%, AU$41.23Eagers Automotive (ASX:APE): +1%, AU$22.25

ASX 200ASX:AAIASX:APEASX:CDAASX:CSCASX:FPHASX:NWHASX:SGMASX:SX2ASX:VNTASX:WES

Asia48d ago

Market Chatter: Billionaire Pamela Wall Said to Sell AU$300 Million Codan Shares in Block Trade

Codan's (ASX:CDA) largest individual shareholder, the billionaire Pamela Wall, is said to have approved a block trade, valued at around AU$300 million, the Australian Financial Review reported Tuesday, citing anonymous people involved in the transaction.Wall will retain around AU$1.2 billion in Codan shares after the reported sell down.Canaccord Genuity is said to be working on the trade. It is understood shares were being offered at about AU$39 each, per the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

ASX:CDA

Asia54d ago

Codan Raises Fiscal 2026 EBIT Guidance; Shares Climb 13%

Codan (ASX:CDA) now expects earnings before interest and tax (EBIT) for fiscal 2026 of about AU$235 million and net profit after tax of about AU$170 million, representing an increase of over 60% for both measures versus fiscal 2025, according to a Wednesday Australian bourse filing.The company said its communications business is expected to achieve revenue growth at the top end of the 15% to 20% range for the fiscal year, with the segment now expected to achieve a 30% profit margin, ahead of the previously targeted timeline of the end of fiscal 2027.Minelab revenue in the fiscal second half to date is tracking ahead of the strong first-half performance, with the group continuing to expect second-half performance to exceed the first half, the filing added.Codan will release its fiscal 2026 results on Aug. 20.The company's shares surged 13% in recent Wednesday trade.

ASX:CDA

Track with the FINWIRES app suite

FolioX

Track ASX:CDA in your portfolio

WheelAI

Analyze ASX:CDA options with the wheel strategy

StockInsider

See market sentiment on ASX:CDA