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Ingenia Boosts FY25 EBIT Guidance by Up to 23% on Strong H1 Momentum
3:17pm on Tuesday 14th of January, 2025 AEDT
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Real Estate
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Ingenia Boosts FY25 EBIT Guidance by Up to 23% on Strong H1 Momentum
3:17pm on Tuesday 14th of January, 2025 AEDT
Key Points
FY25 EBIT guidance increased to $162–$165 million, up 20–23% from FY24
Underlying EPS target raised to 29.0–30.0 cents, up from 24.4–25.6 cents
Cost savings from operational improvements exceed expectations
Development business gains momentum with 258 homes settled in H1
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