INA ingenia communities group

News: INA Ingenia Communities Group Posts FY Underlying Profit $36.8 Million, Up 56 Percent

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    Aug 21 (Reuters) - Ingenia Communities Group (INA) :

    • FY UNDERLYING PROFIT $36.8 MILLION, UP 56 PERCENT
    • FY REVENUE OF $189.5 MILLION, UP 26% ON PRIOR YEAR
    • FINAL DISTRIBUTION OF 5.65 CENTS PER STAPLED SECURITY HAS BEEN DECLARED
    • IN FY19, CO TO DIVEST REMAINING NON-CORE ASSETS TO HELP FUND DEVELOPMENT GROWTH
    • EXPECTS TO DELIVER EBIT GROWTH OF 10-15%, AND UNDERLYING PROFIT EPS GROWTH OF 5-10% FOR FY19.
 
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