Oct 25 (Reuters) - Mirvac Group (MGR) :
- For 2017 financial year (FY17) , re-affirming operating earnings guidance of 14.0 to 14.4 cents per stapled security (CPSS)
- Group remains on track to achieve a significant uplift in earnings within our residential business in FY17
- Targets over 15 per cent growth in FY17 for number of residential lot settlements
- For FY17 group also reaffirmed DPS guidance of between 10.2 and 10.4 cpss, represents growth of between 3 to 5 per cent on FY16
- On track to achieve our target of delivering operating earnings growth of between 8 and 11 per cent in FY17
- As at 30 sept group had 89 per cent of expected residential ebit secured for fy17 and 59 per cent secured for fy18
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