Goodman Group Reports Strong Year-End Growth

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

Goodman Group announced a robust full-year financial performance, with operating profit surging by 15% to $2,049 million and operating EPS increasing by 14%, despite a statutory loss of $98.9 million for FY24. The company is forging ahead with essential logistics and data center infrastructure projects, expecting a 9% rise in operating EPS for FY25. Goodman’s strategic focus on these high-demand sectors amidst global market uncertainties has led to high occupancy rates and significant development work in progress, positioning it well for future growth.

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