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
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