Charter Hall Group Earnings Call Transcripts
Fiscal Year 2026
-
Operating earnings for H1 FY26 rose 21.6% to AUD 239 million, with record equity inflows and upgraded FY26 guidance for 23% EPS growth. FUM reached AUD 92.2 billion, gearing remains low, and strong demand is seen across all property segments.
Fiscal Year 2025
-
Operating earnings grew 7.3% to $385 million, with strong EPS and DPS growth and robust guidance for FY2026. Funds under management and development pipelines expanded, supported by disciplined cost control, low gearing, and strong investor demand across all segments.
-
Operating earnings and distributions grew, with FUM reaching AUD 83.4 billion and strong performance in industrial and office segments. Guidance for FY25 OEPS was upgraded, supported by disciplined cost control, robust liquidity, and a significant development pipeline.
Fiscal Year 2024
-
The meeting reviewed FY2024's resilient performance amid market headwinds, with operating earnings and distributions meeting guidance despite asset devaluations. Shareholders approved all resolutions, including director elections and a capital reallocation, while management reaffirmed a 6% dividend growth outlook and ongoing focus on sustainability and strategic growth.
-
FY24 saw OEPS slightly ahead of guidance despite asset devaluations and lower FUM, with strong cost control and a robust balance sheet. FY25 guidance targets 4% OEPS growth and 6% distribution growth, supported by stabilized asset values and continued capital discipline.