Westgold Resources (ASX:WGX) announces its FY24 gold production guidance of 245,000 oz to 265,000 oz.

They also expect FY24 AISC to range from 1,800 to 2,000 A$/OZ.

Westgold Resources (ASX:WGX) is a company engaged in gold production.

Codan Ltd expands its Zetron Communications business into the United Kingdom, Europe, and the Middle East through the acquisition of Eagle.

The binding agreement has been completed with the acquisition of 100% of Eagle Newco Limited.

Codan expects to spend an additional A$3 million in setup and integration costs over the next 12 months.

Eagle is expected to marginally contribute to Codan’s FY24 profitability.

The acquisition has been completed with a total consideration of A$22 million, funded by the company’s existing debt facility.

In year 2, the Eagle business will be earnings-per-share accretive for Codan.

Shares of AGL Energy fall as much as 4.6% to A$11.710, set for worst day since Feb 9, if losses hold.

Macquarie analysts downgrade AGL to ‘neutral’, trim PT to A$11.43 from A$11.59.

FY24 is likely to be peak earnings for AGL in the current cycle.

In near term, the markets appear to be suggesting that electricity pricing is nearing a peak, which challenges AGL’s ability to sustain FY24 earnings into FY25.

Macquarie says FY25 curve is reflecting current soft demand, strong coal generator performance and falling underlying commodity prices.

Seven of 11 analysts rate the stock ‘buy’ or higher, four ‘hold’, median PT is A$11.59 - Refinitiv data.

As of last close, stock up 52.2% this year.

AGL Energy is an Australian company engaged in the supply of electricity and gas services.

Orbital Corporation reports an underlying EBITDA loss of A$4.0M for the fiscal year.

FY revenue is A$17.2M (unaudited), with FY24 revenue forecasted between A$18-20M.

The company aims for net profitability similar to FY23.

PSC Insurance Group has announced its preliminary guidance for FY24, projecting an earnings range of underlying EBITDA of A$122-127 million.

The company is focused on delivering strong financial performance.

Nova Eye Medical says total glaucoma surgical device sales in USA increased to $2.2 million for the three months ended 31 July 2023.

Nova Eye Medical is a company specializing in eye medical devices.

Genmin Ltd received environmental approval for Baniaka.

Production of greener iron ore from Baniaka remains targeted for the second half of 2024.

Genmin is a mining company.

Nine Entertainment Co Holdings Ltd: Chief Financial Officer, Maria Phillips, will be departing Nine Business.

Matt Stanton will assume a new role as Chief Financial and Strategy Officer.

Nine Entertainment Co is a media company based in Australia.

Helloworld Travel increases its FY23 guidance for underlying EBITDA to A$42M-A$45M.

All geographic segments are now running profitably.

Total transaction value expected to exceed A$2.56 billion for the full year.

The ETG acquisition is projected to add additional underlying EBITDA of A$11M-A$12M in FY24.

Shares of Australia’s DroneShield (ASX:DRO) rise 10% to A$0.330, their biggest gain since July 19.

The drone detection technology firm announces the launch of a target area-specific Satellite Denial Systems.

The system allows defence customers to access GPS denial, including interference, spoofing, signal blockage, and GPS constellation failure.

The stock has risen 36.4% this year.