Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Goodman Group ( (AU:GMG) ) has shared an update.
Goodman Group reported strong financial performance for the half year ended 31 December 2024, with an 8.4% increase in operating profit and a significant 25.2% rise in revenue compared to the previous year. The company’s strategic acquisitions and divestments, alongside an expanded portfolio worth $84.4 billion, highlight its robust market positioning and operational growth, despite a decline in external assets under management.
More about Goodman Group
Goodman Group operates in the real estate industry, focusing on logistics and industrial properties. The company manages a global portfolio of properties and is involved in various partnerships and joint ventures across regions including Australia, Europe, and Asia.
YTD Price Performance: 1.30%
Average Trading Volume: 687
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $42.71B
For an in-depth examination of GMG stock, go to TipRanks’ Stock Analysis page.