Dexus Industria REIT Posts Higher Fiscal H1 FFO, Lower Revenue; Reaffirms Outlook

MT Newswires Live
02-12

Dexus Industria REIT (ASX:DXI) reported Wednesday fiscal first-half funds from operations (FFO) of AU$0.0908 per security, up from AU$0.0859 per security a year earlier.

Analysts polled by Visible Alpha expected AU$0.087 in FFO per security.

Revenue from ordinary activities for the six months ended Dec. 31, 2024, was AU$34.8 million, compared with AU$40.7 million a year earlier.

The company said it expects fiscal 2025 FFO of AU$0.178 per security, in line with the consensus estimate compiled by Visible Alpha.

The board declared a quarterly dividend of AU$0.041 per share, unchanged from the previously reported period, payable Feb. 20 to shareholders on record as of Dec. 31, 2024.

The real estate investment trust's shares were down over 2% in recent Wednesday trade.

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