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"Consumers don't stop washing their hair, they don't stop doing their laundry. And they are categories where the product performance is very important to consumers because they understand that the cost of failure is actually higher than maybe the premium, they would pay for a product that promises to perform in line with what their expectations are. And that logic, I think, leads to the consumer continuing to trade into P&G [Procter & Gamble] and continuing to trade up."
Real Estate
“While economic and real estate market conditions remain uncertain, we have seen continued improvement in market conditions for our MPC [Masterplanned Communities] business in most states and we have positioned the business to take advantage of an eventual recovery of the Victorian market" Tarun Gupta, CEO, Stockland Ltd
Exports
“The demand from those two countries [China & India] is huge.” Tim Jackson, CEO, Almond Board of Australia
Furniture
"Reading the papers over here [UK], they’re saying that it’s getting better” Katie Page, CEO, Harvey Norman Holdings Ltd
"Materially higher unexpected freight rates are expected to impact our gross profit margin, particularly in the second quarter [of FY25]" Anthony Scali, CEO, Nick Scali Ltd
Global Manufacturing
"As expected, Transit Packaging [division] income was down to the prior year. Shipment volumes and results continue to be impacted by weakening global manufacturing conditions with activity likely to stay in contraction at least through year-end leading to our cautious outlook at this time." Timothy Donahue, CEO, Crown Holdings Inc [leading global supplier of rigid packaging products]
Oil & Exploration
"Over the past few months, commodity prices have been under pressure. This is largely due to concern of an oversupplied market, driven by higher output from non-OPEC+ producers, uncertainty around OPEC+ supply releases, weaker demand from China and softer economic growth rates in the U.S. and Europe. This has resulted in a cautionary approach to activity and discretionary spend by many customers as highlighted in our third quarter results." Olivier Le Peuch, CEO, Schlumberger Ltd
Consumer Staples
"Consumers don't stop washing their hair, they don't stop doing their laundry. And they are categories where the product performance is very important to consumers because they understand that the cost of failure is actually higher than maybe the premium, they would pay for a product that promises to perform in line with what their expectations are. And that logic, I think, leads to the consumer continuing to trade into P&G [Procter & Gamble] and continuing to trade up." Andre Schulten, CFO, The Procter & Gamble Co
Advertisers
"So, what advertisers want to do is they want to be close to the stories that people are watching, the stories that people are talking about, the events that people are gathering to be part of." Theodore Sarandos, Co-CEO, Netflix Inc
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Nuclear Energy
“That is not a time frame [2035] in which nuclear will be available. It will be, I think, good for us to have a sensible debate about it in the longer term.” Daniel Westerman, CEO, Australia Energy Market Operator
“Commercialisation and cost and scale are at least a decade away...it’s certainly into the 2030s.” Frank Calabria, CEO, Origin Energy Ltd
Audio & Visual
“The Q1 FY25 performance reflects several challenges we faced at the start of the financial year, including shorter order lead times, increased inventory across the industry, slower clearance of raw material inventories by our manufacturing customers, and softer than expected demand from end-users. These headwinds are expected to continue into Q2 FY25” Market Statement, Audinate Group Ltd
“We’ve got this fundamental belief that work should be fun; and when it comes to visual communication the data proves that engaging rich media visuals gets customers” Cliff Obrecht, COO, Canva Ltd
Beauty & Jewellery Markets
“The expected headwinds were the continued normalisation of the beauty market growth in Europe and North America as inflation-related pricing continued to ease. The less expected, or should I say, worse-than-expected turbulences were in North Asia. In the Chinese ecosystem where markets turned even more negative, particularly in luxury” Nicolas Hieronimus, CEO, L'Oréal S.A.
“As we prepare for the all-important Christmas trading period, the positive momentum we have seen in the first 14 weeks is very encouraging.” Daniel Bracken, CEO, Michael Hill International Ltd
Ratings Agencies
“So, this year has obviously been a very strong [credit] issuance environment. In fact, it's likely to be the second strongest on record. And amidst that strength, we see both cyclical and secular tailwinds that are going to drive future growth. And that includes refunding walls, M&A and other market trends that give us confidence in the medium-term outlook for our ratings business.” Rob Fauber, CEO, Moody’s Corporation
Building Materials
"Following a challenging end to FY24, business conditions for our industry in 1Q FY25 remained soft and deteriorated across most market verticals and geography, especially in New Zealand. These conditions are expected to continue for the balance of the 2024 calendar year." Rhys Jones, CEO, Vulcan Steel Ltd
Tools
"The customers in this segment [Critical Industries Division] are organisations big and small. And they're more influenced by the data than the text, interest rates, GDP and industry demands. And as such, these segments are pretty positive." Nicholas Pinchuk, CEO, Snap-on Inc [one of the world’s largest tools manufacturers]
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