News: Goodman Group forecasts higher operating pr

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    Goodman Group (ASX:GMG) has posted 21 per cent increase in its fiscal 2012 operating profit which it believes will grow by 6 per cent in fiscal 2013.



    The property investor says the strength of its businesses in Europe and Asia as well as a climbing contribution from development and management activities has them well positioned to consolidate positive earnings growth.



    Goodman Group is forecasting a full year operating profit of $524 million in accordance with those growth factors.



    Goodman will pay a final distribution of 9 cents, bringing the total payout to 18 cents.

 
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