FY21 result - revenue up 21%; EBIT up 31%. Growth in residential rent base and strong holidays demand. Record 380 home settlements and $215 million acquisitions. Strong balance sheet and 10 active developments supporting portfolio expansion.
Ingenia Communities FY20 result - EBIT up 17%, revenue up 7% underpinned by stable resident rents. Closures over April/May saw holiday park revenue down - bookings responding as restrictions ease. With a strong balance sheet, the Group continues to focus on growth. #ingenia
Ingenia Communities 1H20 result - EBIT up 40%, strong growth across key metrics with underlying EPS up 32%, new home sales up 22%. Acquisition of Lake Munmorah Residential Resort and plans to grow funds management business announced. #ingeniacommunities#wecreatecommunity
Ingenia Communities FY19 financial result ahead of guidance. Another year of record growth. EBIT up 26%, underlying EPS up 19%, new home sales up 17%. Capital partnerships in place and further growth forecast FY20. #wecreatecommunity#capitalpartnering#deliveringgrowth
@Twitter Ingenia Communities FY19 financial result ahead of guidance. Another year of record growth. EBIT up 26%, underlying EPS up 19%, new home sales up 17%. Capital partnerships in place and further growth forecast FY20. #wecreatecommunity#capitalpartnering#deliveringgrowth
Ingenia on track to deliver growth in FY19, guidance reaffirmed. EBIT growth of 19% and underlying EPS growth of 14% on the prior corresponding period see the Group on track for FY19. Despite challenging market conditions, new home settlements were up 28% on pcp.
Pleased to announce a strong FY18 result today which exceeded guidance. It was a pivotal year – Ingenia delivered record EBIT of $48.8 million and underlying EPS of 17.7 cents up 36%. #ingeniacommunities#wecreatecommunity#development#happydays
Pleased to announce further progress on capital recycling with the sale of Ingenia’s non-core Tasmanian portfolio. The sale releases capital for investment in key developments #reinvestingforgrowth
Pleased to announce Ingenia’s sale of three non-core assets, providing gross sale proceeds of $17 million. Funds will be redeployed into the Group’s lifestyle communities development pipeline, where the focus is creating Australia’s leading lifestyle communities. #ingenia