The All Ordinaries Index (ASX: XAO) is in focus today, with two ASX All Ords shares reporting some big profit jumps.
Both companies released their half-year results this morning for the six months ending 31 December (1H FY 2025).
Here's what's happening.
The first ASX All Ords share reporting a big uptick in six-month profits is Baby Bunting Group Ltd (ASX: BBN).
Shares in the infant specialty retailer have yet to get a lift from those results, with the Baby Bunting share price down 0.5% in early trade today at $1.83 a share.
Baby Bunting reported a 37% year on year increase in pro forma net profit after tax (NPAT) of $4.8 million.
Total sales for the half came in at $254.4 million, up 2.4% from 1H FY 2024, with comparable store sales growth increasing by 2.2%.
There was a big improvement in margins as well, with a gross margin of 39.8%, up 2.60%. And management noted the company is on track to deliver its FY 2025 gross margin target of 40%.
On the balance sheet, net debt fell to $9.1 million from the $13.0 million reported in June 2024.
The half-year also saw the ASX All Ords share open two new stores in Australia, with Baby Bunting now having a total of 75 stores.
Looking ahead to what could impact Baby Bunting shares, the company reiterated its FY 2025 guidance of $9.5 million to $12.5 million pro forma NPAT.
Commenting on the half-year performance, Baby Bunting CEO Mark Teperson said:
Our focus on driving sales through range innovation and new customer acquisition is delivering results. Newness in our ranges continues to resonate, with new customer acquisition up 12% on the prior period.
Which brings us to…
The second ASX All Ords share achieving a big lift in half-year profits is Monadelphous Group Ltd (ASX: MND).
Investors have responded by sending shares in the engineering and mining services company up 0.8% in morning trade at $15.71 a share.
Monadelphous reported a 4.2% year on year increase in revenue for the six months to $1.05 billion. And earnings before interest, taxes, depreciation and amortisation (EBITDA) leapt 30.2% from 1H FY 2024 to $79.8 million.
As for that surging profit, Monadelphous' NPAT of $42.5 million was up 41.3%.
Over the half-year, the ASX All Ords share secured approximately $1.7 billion of new contracts and extensions across a range of sectors, including energy, iron ore, other minerals, and renewable energy.
On the balance sheet, the company ended the half with a cash balance of $272.5 million.
Commenting on the results, Monadelphous managing director Zoran Bebic said:
Resources and energy demand is expected to remain strong over the long-term, underpinned by sustained economic growth and increasing investment in decarbonisation activities. Significant investment in the renewable energy sector is also forecast to support the energy transition.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.