Tag Archives: INA

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.

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Ingenia acquires partially developed lifestyle community in SEQ

Ingenia Communities Group have completed the acquisition of Oakland Village, a partially developed community that was included in the $552 million of acquisitions identified with the Group’s $475 million equity raising announced on 1 November 2021.

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Ingenia Adds NSW South Coast Community

Ingenia Communities Group today announced further expansion of the Group’s lifestyle and holidays business with the acquisition of an award-winning mixed-use community on the NSW South Coast

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Ingenia FY21 to exceed guidance

Ingenia Communities Group announced that the Group’s FY21 result would exceed guidance, as a result of strong performance across the operating business.

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Ingenia to Acquire 5 Coastal Holiday Parks

Ingenia Communities Group today announced the further expansion of the Group’s lifestyle and holidays business with the acquisition of a 16.2-hectare greenfield site and a portfolio of established holiday parks.

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Ingenia Strong Growth but Equity Raise dilutes EPS

Ingenia Communities Group today announced Underlying Profit of $32.8 million for the half year ending 31 December 2020, an increase of 24% on the previous corresponding period, however earnings per share is down -6% following the earlier capital raising.

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