Goodman embraces global e-commerce juggernaut
Logistics property developer Goodman expects global consumerism to continue fuelling its development activity, reporting strong ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
Highlights for fiscal 2019:
– Strong operating performance
– Development workbook of A$4.1bn and growing to around A$5bn
– Strong performance within the partnerships, reflected in 16% average total returns for the year
– Significant liquidity and balance sheet capacity maintained
– Forecast to deliver FY20 operating profit of A$1.04bn (+10.4%) and operating EPS of 56.3 cents (up 9% on FY19)
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