News: Exchange rate hits Goodman profit

  1. lightbulb Created with Sketch. 1
    .


    Goodman Group (ASX:GMG) has booked a full year net profit of $161 million, about 60 per cent down on last year’s result.


     


    The drop was mostly due to a $293 million hit taken on derivative and foreign exchange movements. 


     


    It came despite a 17 per cent rise in operating profit to $544 million. 


     


    Goodman is predicting a 9 per cent rise in operating profit next year to $594 million, with growth driven by entry into the Asian and US markets. 


     


    It will pay a final dividend of 9.7 cents on 26 August, pushing the total payout to 19.4 cents, up 8 per cent on last year.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$35.35
Change
-0.060(0.17%)
Mkt cap ! $71.95B
Open High Low Value Volume
$35.25 $35.58 $35.17 $75.36M 2.130M

Buyers (Bids)

No. Vol. Price($)
1 138 $35.35
 

Sellers (Offers)

Price($) Vol. No.
$35.38 31000 1
View Market Depth
Last trade - 16.10pm 12/08/2025 (20 minute delay) ?
GMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.