Goodman

Goodman Group provided the market with an update on its activities over the last quarter and increased its earnings growth per security guidance for FY23 to 15%.

Coles Group has opened the largest automated distribution centre (ADC) of its kind in the southern hemisphere at Goodman’s Redbank Motorway Estate in Queensland.

To support the supply chain needs of CHEP in Australia, Goodman has commenced construction of a new service centre for the global leader in packaging solutions, at Redbank Motorway Estate in south-west Brisbane.

Goodman released its results for the half year ended 31 December 2022 this week, delivering an operating profit of $877 million, up 11.5% on the first half of FY22, and operating earnings per security of 46.4 cents, up 10.7% on the same period last year.

Start of construction of Metcash’s new Victorian distribution centre was marked today with a smoking ceremony by traditional owners of the land, the Bunurong people of the Bun Wurrung Nation. 

The Goodman Group AGM resulted in a second strike against the company and mandatory spill resolution as the Board faced off against shareholders unhappy with the remuneration of the Groups' executives.

Goodman has delivered a strong operational result in the first quarter, despite the volatile economic environment, with the long-term structural drivers of demand for well-located industrial real estate remaining intact.

Driven by growth in demand for sustainable packaging solutions, Goodman and joint venture partner, Brickworks, have completed a new 16,870 square metre state-of-the-art Service Centre for CHEP

Brickworks have launched a new Joint Venture manufacturing property trust with Goodman Group to be called today the Brickworks Manufacturing Trust

Goodman Group are reported to be spending $200m on the Alexandria Homemaker Centre in an acquisition off Arkadia Group.

Goodman has maintained a strong operating performance in the third quarter reporting EPS growth heading for 23%

Responding to the growing humanitarian crisis in Ukraine and surrounding countries, the Goodman Foundation, the philanthropic arm of Goodman Group, is committing €1 million (AUD 1.4 million) to support emergency response and ongoing aid. 

Work has begun on Australia Post’s new warehouse, creating 1,700 new construction jobs and injecting more than $55 million into the Western Sydney economy.

Goodman Group released its results for the half year ended 31 December 2021 delivering operating profit of $786.2 million, up 28% on the first half of FY21, and operating earnings per security (EPS) of 41.9 cents, up 27% on the same period last year

Australia's largest online electrical wholesaler, Tradezone has selected a Goodman Group-owned site for its first distribution facility in New South Wales.