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An update from Vicinity Centres ( (AU:VCX) ) is now available.
Vicinity Centres reported a significant increase in net profit for the financial year ending June 30, 2025, with an 83.6% rise to $1,004.6 million. Despite a modest revenue growth of 0.4%, the company’s net tangible assets per security increased by 4.4%, reflecting a strong financial position. The company also announced final and interim distributions, with a distribution reinvestment plan offering a 1% discount, indicating a focus on rewarding shareholders and maintaining financial stability.
The most recent analyst rating on (AU:VCX) stock is a Hold with a A$2.40 price target. To see the full list of analyst forecasts on Vicinity Centres stock, see the AU:VCX Stock Forecast page.
More about Vicinity Centres
Vicinity Centres is a stapled group consisting of Vicinity Limited and Vicinity Centres Trust, focusing on retail property management and investment. The company operates in the real estate sector, primarily dealing with shopping centers and retail spaces.
Average Trading Volume: 9,960,821
Technical Sentiment Signal: Buy
Current Market Cap: A$11.5B
For a thorough assessment of VCX stock, go to TipRanks’ Stock Analysis page.