Aspen Group Limited (AU:APZ) has released an update.
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Aspen Group Limited has announced an upgrade to its FY25 earnings guidance, with an expected 16% increase in underlying EPS compared to FY24, driven by higher anticipated development profits. The company is poised for growth, with a strong performance in long-stay rentals and an increase in lifestyle house sales, while addressing challenges in the short-stay rental market. Aspen’s financial strategy includes strengthening its balance sheet and capitalizing on attractive investment opportunities.
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