Australia · Delayed Price · Currency is AUD Stockland Earnings Call Transcripts
Fiscal Year 2026
-
Strong first half FY 2026 results with FFO up 29.5% year-over-year, robust residential and development performance, and reaffirmed full-year guidance. Commercial development and data center initiatives provide future growth levers, with disciplined capital management and a resilient balance sheet.
Fiscal Year 2025
-
The meeting highlighted strong financial results, strategic asset recycling, and expansion into logistics and data centers. All resolutions, including board elections and remuneration, passed with strong support. Board diversity and capital management were key discussion points.
-
FY 2025 saw strong FFO growth, high settlement volumes, and robust performance in logistics and town centers. FY 2026 guidance points to higher production, stable distributions, and a revised payout ratio, with new capital partnerships and a major data center JV supporting long-term growth.
-
First half FY2025 FFO fell 5.6% to AUD 251 million, with strong logistics and land lease offset by lower Town Centre earnings and a second half settlement skew. Capital partnerships expanded, residential pipeline activated, and FY2025 FFO guidance maintained at AUD 0.33–0.34 per security.
Fiscal Year 2024
-
The AGM highlighted solid FY 2024 results, strategic acquisitions, and a strong ESG focus. All board and remuneration resolutions passed with high support, and succession planning was emphasized. Key risks include market conditions and housing supply challenges.
-
FY 2024 results were at the top end of guidance, driven by strong investment management and development performance, despite softness in Victoria and lower commercial development profits. High liquidity and a robust pipeline position the business for growth, with FY 2025 FFO per security guidance at AUD 0.32–0.33.