Goodman

Goodman Operational Update for Q3/FY23

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%.

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Goodman Enjoys Favourable Conditions

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.

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Goodmans’ Board faced 2nd Strike & Spill Motion

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.

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Goodman well placed despite Softer Cap Rates

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.

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Australia Post gets stamp of approval

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.

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Goodman Group upgrades FY22 EPS growth forecast to 20%

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

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