Goodman Group (OTCPK:GMGSF)
$ 21.63 0 (0%) Market Cap: 45.91 Bil Enterprise Value: 47.19 Bil PE Ratio: 0 PB Ratio: 3.87 GF Score: 82/100

Half Year 2021 Goodman Group Earnings Call Transcript

Feb 18, 2021 / 10:00PM GMT
Release Date Price: $13.36 (-1.87%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Goodman Group Half Yearly Results. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Mr. Greg Goodman. Thank you. Please go ahead, Greg.

Gregory Leith Goodman
Goodman Group - Group CEO & Director

Yes. Thank you very much. Good morning, and welcome. I have Nick Vrondas with me on the call.

Goodman's global operations have delivered a strong first half result. Our operating profit was $615 million, up 16% on the prior period. And our operating earnings per share was $0.331, up 15% on the previous year. Statutory profit grew to over $1 billion for the half.

Goodman adapted early to the operational challenges brought about by COVID-19. Underlying customer demand strengthened throughout the period and provided a strong platform for growth going into 2021. We have created a flexible working environment for our people around the world, which has prioritized health,

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