Ingenia Communities Surpasses Earnings Guidance

Ingenia Communities Group (AU:INA) has released an update.

Ingenia Communities Group has reported that their FY24 financial results exceeded their earnings guidance but by a margin that was not considered material. The company’s EBIT was $125.7 million, surpassing the guidance by $2.2 million, while underlying EPS was 23.3 cents per share, 1 cent above expectations. This performance became apparent to Ingenia just before the market close preceding the results announcement, aligning with market expectations and without necessitating prior disclosure.

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