tiprankstipranks
Company Announcements

Goodman Group Reports Robust Financial Growth and Strategic Portfolio Expansion

Story Highlights
Goodman Group Reports Robust Financial Growth and Strategic Portfolio Expansion

Discover the Best Stocks and Maximize Your Portfolio:

Goodman Group ( (AU:GMG) ) has shared an update.

Goodman Group reported strong financial performance for the half year ended 31 December 2024, with an 8.4% increase in operating profit and a significant 25.2% rise in revenue compared to the previous year. The company’s strategic acquisitions and divestments, alongside an expanded portfolio worth $84.4 billion, highlight its robust market positioning and operational growth, despite a decline in external assets under management.

More about Goodman Group

Goodman Group operates in the real estate industry, focusing on logistics and industrial properties. The company manages a global portfolio of properties and is involved in various partnerships and joint ventures across regions including Australia, Europe, and Asia.

YTD Price Performance: 1.30%

Average Trading Volume: 687

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $42.71B

For an in-depth examination of GMG stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1