Aug 16 (Reuters) - Goodman Group (GMG) :
- FY REVENUE AND OTHER INCOME A$5,156.4 MILLION VERSUS A$3,803.0 MILLION
- FY OPERATING PROFIT UP 25.3% TO A$1,528.0 MILLION
- EXPECTS TO ACHIEVE OPERATING EPS GROWTH OF 11% IN FY23
- FINAL DIVIDEND AND DISTRIBUTION PROPOSED 15.00 AU CPS
- OUTLOOK FOR PROPERTY INVESTMENT AND MANAGEMENT EARNINGS REMAINS STRONG
- BOARD BELIEVES GROUP IS POSITIONED TO CONTINUE TO DELIVER GROWTH DESPITE RISKS ASSOCIATED WITH CURRENT MARKET VOLATILITY
- DEVELOPMENT COMPLETIONS AND MARKET RENTAL GROWTH ARE ALSO EXPECTED TO SUPPORT GROWTH IN AUM
- PRODUCTION RATE, DEPTH OF CUSTOMER DEMAND AND STRONG MARGINS ARE SUPPORTING OUTLOOK FOR DEVELOPMENT EARNINGS INTO FY23
- IN NEAR TERM, MARKET CONDITIONS ARE LIKELY TO BE VOLATILE AND RISKS ASSOCIATED WITH RISING INFLATION, INTEREST RATES
- DEMAND IS CURRENTLY EXCEEDING SUPPLY IN OUR MARKETS
- DISTRIBUTION IS FORECAST TO REMAIN AT 30.0 AU CENTS PER SECURITY FOR FY23
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