GOODMAN GROUP (GMG) Operating profit up 10%, upgrades full year Guidance

Bell Potter


GOODMAN GROUP (GMG) Operating profit up 10%, upgrades full year Guidance. Goodman is forecasting full year FY15 operating earnings per security of 37.2 cents, up 7% on FY14 and a forecast distribution of 22.2 cents, up 7% on FY14 (as compared to forecast operating EPS of 36.9 cents in October). Today's share price reaction: Up 1.1% to $6.58 (10.05 am). Recommendation: Neutral rating likely to be retained. (VIEW LINK)

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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