Goodman Group announced FY22 results for the period ended 30 June 2022

Goodman Group (ASX: GMG) announced its FY22 results for the period ended 30 June 2022:

• The company’s operating profit increased 25% on PCP to AU$1,528 million, operating earnings per share improved 24% on PCP to 81.3 cents, and net tangible assets per share increased 25% from FY21 to AU$8.37 per share.
• In FY22, Goodman Group has a total asset under management of AU$73.0 billion, up 26% from the previous corresponding period.
• It has reported AU$8.5 billion of revaluation gains all over the Group and Partnerships.
• Development work in progress improved 28% on PCP to AU$13.6 billion, across 85 projects, with an expected yield on cost of 6.6%.
• Validated science-based emissions reduction targets and significant progress with other ESG targets comprising solar, renewable energy, safety, and embodied carbon.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au