Ingenia lifts underlying EPS by 5% on FY19, driven by strong lifestyle and development performance despite temporary holiday park closures and reduced settlements due to COVID-19.

Ingenia grows funds and lifted earnings per share by 5%

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COVID impacts Ingenia’s Earnings

Ingenia Communities Group announced Statutory Profit of $39.8 million for the half year ending 31 December 2021, an increase of 23% on the previous corresponding period however Underlying Profit was down 14% to of $28.1 million, with new home settlements impacted by supply chain challenges.