middle.news
Mirvac Accelerates Residential Sales, Confirms FY25 Earnings Guidance
8:01am on Monday 2nd of June, 2025 AEST
•
Real Estate
Read Story
Mirvac Accelerates Residential Sales, Confirms FY25 Earnings Guidance
8:01am on Monday 2nd of June, 2025 AEST
Key Points
Operating profit of $236 million for 1H25, slightly down from prior year
Residential lot sales up 51%, with pre-sales reaching $1.9 billion
Strong balance sheet with pro forma gearing at 26.3% and $1 billion liquidity
Living sector EBIT surged to $26 million from $2 million in 1H24
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Mirvac (ASX:MGR)
OPEN ARTICLE