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Peet Limited Posts 60% Profit Surge, Launches Strategic Review with Goldman Sachs

9:22pm on Friday 29th of August, 2025 AEST Real Estate
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Peet Limited Posts 60% Profit Surge, Launches Strategic Review with Goldman Sachs

9:22pm on Friday 29th of August, 2025 AEST
Key Points
  • Net operating profit up 60% to $58.5 million
  • Record lot sales and settlements driven by Queensland and Western Australia
  • EBITDA margin improved to 24%, gearing reduced to 27.5%
  • Pipeline of approximately 31,000 lots with $612 million contracts on hand
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