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Star Entertainment Group Limited ( (AU:SGR) ) has provided an announcement.
The Star Entertainment Group has clarified a typographical error in its earlier half-year FY26 results announcement, confirming the period covered is the half year ended 31 December 2025. The correction comes as the company undergoes significant board and executive changes, including the recent appointment of Bruce Mathieson Jnr as Group CEO.
Under the new leadership, The Star is restructuring its operations and marketing strategy, streamlining the corporate office and shifting key support functions to individual properties in Sydney, Gold Coast and Brisbane. The company reported H1 FY26 normalised revenue of $584.9 million but a normalised EBITDA loss and a statutory net loss of $109.7 million, with management citing challenging trading conditions and the continued impact of regulatory reforms on gaming revenue.
The most recent analyst rating on (AU:SGR) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
More about Star Entertainment Group Limited
The Star Entertainment Group Limited is an Australian casino and hospitality operator listed on the ASX. The company runs major integrated resort properties in Sydney, the Gold Coast and Brisbane, focusing on gaming, entertainment and related leisure services for domestic and international customers.
YTD Price Performance: -30.56%
Average Trading Volume: 9,524,360
Technical Sentiment Signal: Sell
Current Market Cap: A$829.4M
For an in-depth examination of SGR stock, go to TipRanks’ Overview page.