Aug 22, 2019 / 11:00PM GMT
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Goodman Group full year results. (Operator Instructions) I'd now like to hand the conference over to your first speaker today, Gregory Goodman. Thank you. Please go ahead.
Gregory Leith Goodman - Goodman Group - Group CEO & Director
Good morning and welcome to our full year results for FY '19. Nick is with me on the call.
Firstly, turning to Slide 5. Structural changes are continuing to impact our industry. Urbanization, rising consumerism are driving the evolution, and automation of supply chains are required to keep up with consumer expectations. The Goodman portfolio is being deliberately concentrated in consumer-focused locations, and these trends have had a positive impact on Goodman's financial year '19 results.
We generated an operating profit of $942 million; statutory profit of over $1.6 billion; and operating earnings per share, up 10.5%. The NTA is up 15% to $5.34. We're paying a distribution of $0.30 per security for the year, all while maintaining low gearing
Full Year 2019 Goodman Group Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot