Australia · Delayed Price · Currency is AUD Goodman Group Earnings Call Transcripts
Fiscal Year 2026
-
Operating profit reached AUD 1.2 billion in H1 FY2026, driven by strong demand for data centers and logistics, with significant new partnerships and a robust pipeline. Gearing remains low at 4.1%, and the group targets 9% EPS growth for FY2026.
-
Development workbook is forecast to exceed $17.5B by June 2026, with data centers as the main growth driver and robust demand in key global markets. Operating EPS growth of 9% is targeted for FY 2026, supported by strong liquidity, low gearing, and active capital partnerships.
Fiscal Year 2025
-
The meeting highlighted strong financial growth, a robust capital position, and a major strategic push into data centers, supported by new partnerships and a focus on sustainability. All resolutions, including director re-elections and the remuneration report, passed with strong support.
-
Operating profit rose to over AUD 2.3 billion with 9.8% EPS growth, driven by global expansion and a strong focus on data centers and logistics. Capital strength was reinforced by a AUD 4 billion equity raise, and work in progress is set to exceed AUD 15 billion by FY 2026.
-
Strong quarter with $86B portfolio and $13.7B WIP, over half in data centers. FY25 EPS growth forecast at 9%, with high occupancy, positive rental trends, and robust demand for logistics and data centers despite economic uncertainty.
-
Strong H1 FY2025 results with over AUD 1.2 billion operating profit and robust growth in data center development. A AUD 4 billion capital raise will fund expansion, reduce gearing, and support long-term EPS guidance of 9%.
-
Strong demand for logistics and data centers drives a robust development pipeline, with assets under management at AUD 80 billion and high occupancy. FY2025 guidance targets 9% EPS growth, with significant starts expected in key global markets and a focus on turnkey data center solutions.
Fiscal Year 2024
-
The meeting highlighted strong financial growth, robust data center expansion, and a continued focus on sustainability and governance. All resolutions passed, though the Remuneration Report received a first strike. Shareholders engaged actively on strategy, capital, and ESG issues.
-
Operating profit surpassed AUD 2 billion with 14% EPS growth, driven by strong logistics and data center demand. Data centers now comprise 40% of development WIP, with significant expansion planned and robust capital management supporting a 9% EPS growth outlook for FY25.