Goodman Group Returns to Profit in Fiscal H1 as Revenue Rises

MT Newswires Live
02-19

Goodman Group (ASX:GMG) reported Wednesday that it returned to a diluted statutory profit of AU$0.409 per security in the fiscal first half,

compared with a loss of AU$0.116 in the year-earlier period.

Analysts polled by Visible Alpha expected a statutory EPS of AU$0.505 per security.

Diluted operating profit per security was AU$0.638, up from AU$0.592 a year earlier.

Revenue for the six months ended Dec. 31, 2024, was AU$1.34 billion, up over 25% from AU$1.07 billion a year ago. Analysts surveyed by Visible Alpha expected AU$1.32 billion

The company maintained its operating earnings per security growth forecast of 9% for the fiscal year.

It declared an interim distribution of AU$0.15 per security, the same as the previous comparable period, payable on Feb. 25 for shareholders on record as of Dec. 31.

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