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Scentre Group ( (AU:SCG) ) has shared an update.
Scentre Group reported a 3.2% increase in Funds From Operations to $587 million for the first half of 2025, with a statutory profit of $782 million. The company upgraded its full-year distribution guidance, reflecting strong operational performance and increased customer visitation. The Group’s strategic initiatives, including redevelopment projects and land holdings, position it for future growth, while its capital management strategy, including joint ventures, enhances its financial flexibility.
The most recent analyst rating on (AU:SCG) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.
More about Scentre Group
Scentre Group is a prominent player in the retail real estate industry, primarily operating Westfield shopping destinations across Australia and New Zealand. The company focuses on creating engaging retail environments and experiences, driving strong customer visitation and business partner sales.
Average Trading Volume: 9,931,426
Technical Sentiment Signal: Buy
Current Market Cap: A$20.65B
Find detailed analytics on SCG stock on TipRanks’ Stock Analysis page.