middle.news

Mirvac Charts Growth Path Despite 1H25 EBIT Dip

9:02am on Friday 14th of February, 2025 AEDT Real Estate
Read Story

Mirvac Charts Growth Path Despite 1H25 EBIT Dip

9:02am on Friday 14th of February, 2025 AEDT
Key Points
  • 1H25 Group EBIT down 3% to $361 million
  • Operating profit after tax declined 6% to $236 million
  • Residential pre-sales surged 51% year-on-year to 947 exchanges
  • Pro forma gearing steady at 26.3%, with $1 billion raised from asset disposals
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Mirvac (ASX:MGR)
OPEN ARTICLE