Mirvac Group ( (MRVGF) ) has released its Q4 earnings. Here is a breakdown of the information Mirvac Group presented to its investors.
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Mirvac Group is a leading Australian diversified property group with over 50 years of experience, specializing in investment, funds management, and development across various real estate sectors. In its latest earnings report for the fiscal year 2025, Mirvac highlighted a robust performance despite challenging market conditions, with strategic expansions and successful capital partnerships contributing to its growth. Key financial metrics showed a decrease in group EBIT to $736 million from $860 million in the previous year, while operating profit after tax fell to $474 million from $552 million. However, the company demonstrated strong leasing success and increased exposure in the Living and Industrial sectors, with a significant uplift in residential sales and development completions. Looking ahead, Mirvac’s management remains optimistic about future growth, projecting an operating EPS growth of 6.7% to 8.3% for FY26, driven by strategic initiatives and a focus on sustainable asset creation.