Small caps have delivered their best-ever year, making it their fourth year in a row of double digit earnings growth of around 15%.
Even though market volatility gave the sector the heebie-jeebies mid year, investors stayed in – with the best results coming from retailers, the financial planning companies and mining services companies.
Electrical retailer JB Hi-Fi reported a tremendous result, with a 57% increase in net profit to $40.4 million. Here is The Australian Financial Review’s list of the best and the worst performers.
Best performing small caps
- Sally Malay
- Mincor Resources
- Aust Wealth management
- Transfield Services
- JB Hi-Fi
- SMS Technology
- Oakton
- Macmahon Holdings
Worst performing small caps
- Cabcharge
- Coffee International
- Boom Logistics
- Funtastic
- B&B Environment
- Perseverance Corp
- Commander Communications
- Housewares International
ABOUT THE AUTHOR
SmartCompany is the leading online publication in Australia for free news, information and resources catering to Australia’s entrepreneurs, small and medium business owners and business managers.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.