News: MGR Mirvac sees FY17 operating EPS guidance range of 14 to 14.4 cpss

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    Aug 16 (Reuters) - Mirvac Group (MGR) :

    • Provided a FY 2017 operating EPS guidance range of between 14.0 to 14.4 cpss

      and a distribution guidance range of 10.2 to 10.4 cpss

    • Secured 84 per cent of expected development EBIT for FY 2017 through

      pre-sales, and 55 per cent of FY 2018

    • Anticipate "strong" earnings growth in residential business in FY 2017, with

      increase of over 15% in expected lot settlements to over 3,300 lots

    • "Residential pipeline provides US with more than 14,000 potential lot

      settlements over the next four years"

 
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