Cedar Woods Properties Posts Higher Fiscal H1 Earnings, Revenue; Shares Up 5%

MT Newswires Live

Feb 24

Cedar Woods Properties (ASX:CWP) reported Tuesday fiscal first-half earnings of AU$0.471 per share, up from AU$0.179 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.36.

Revenue from continuing operations for the six months ended Dec. 31, 2025, was AU$274.8 million, compared with AU$195.9 million a year earlier. Analysts surveyed by FactSet expected AU$266.3 million.

The company now anticipates fiscal 2026 net profit after tax growth of 30% to 35%, compared with its previous forecast of at least 20%.

The board declared an interim dividend of AU$0.14 per share, up from AU$0.10 a year earlier, payable April 24 to shareholders on record as of March 24.

The company's shares jumped 5% in recent Tuesday trade.

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