An announcement from Peet Limited ( (AU:PPC) ) is now available.
Peet Limited has announced an increase in its FY25 earnings guidance, driven by strong operational performance and successful implementation of growth strategies. The company now expects a net profit after tax (NPAT) of $55 million to $58 million, up from the previous forecast of $50 million to $55 million. Additionally, the Board anticipates the full-year dividend to be at the higher end of its payout ratio, reflecting confidence in sustained shareholder value and positive momentum as Peet moves into FY26.
More about Peet Limited
Peet Limited operates in the real estate industry, focusing on the development and management of residential communities across Australia. The company is known for its national portfolio of projects and strategic growth initiatives aimed at enhancing shareholder value.
YTD Price Performance: -0.70%
Average Trading Volume: 334,230
Technical Sentiment Signal: Sell
Current Market Cap: A$664.8M
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