Goodman Group Reports Robust Financial Growth and Strategic Portfolio Expansion

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Goodman Group Reports Robust Financial Growth and Strategic Portfolio Expansion

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.

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