Some positive surprises among the consumer stocks, page-5

Good resistance of consumer oriented companies, looking at the results of Nick Scali, Life 360 and REA today :
. Nick Scali NPAT down by only 3.5 % during H2 24 (after - 29 % during H1 24), due in particular to a large rebound of their sales (+ 8 % yoy during H2 24 vs - 20 % yoy during H1 24). H2 24 revenues increased by 4 % yoy after excluding sales of their UK business, just acquired,
. Life 360 does a major upward revision to its earnings, after strong Q2 results,
. REA showed an acceleration of its growth during H2 24 (+ 28 % yoy for revenues vs + 18 % yoy during H1 24) which led to an acceleration of their EBITDA growth (+ 29 % during H2 vs + 22 % during H1).