Ingenia Communities on Track to Deliver Fiscal 2026 Results at Top End of Guidance Range; Shares Up 4%

MT Newswires Live
Jun 03

Ingenia Communities Group (ASX:INA) said it is on track to deliver fiscal 2026 results at the top end of its guidance range as the business continues to be supported by stable annuity-style cashflows, according to a Wednesday filing with the Australian bourse.

The company guided for fiscal 2026 underlying earnings per share of AU$0.325 to AU$0.34, representing growth of 5% to 10% from fiscal 2025, and earnings before interest and taxes of AU$180.5 million to AU$188.7 million, up 10% to 15% from the previous year.

Ingenia anticipates fiscal 2026 settlements in the range of 560 to 575 homes after it acquired or secured more than 3,400 potential home sites in the second half of the fiscal year.

Additionally, the company has launched a sale process for lower growth assets that is expected to release about AU$140 million in capital over the next six months.

Ingenia Communities' shares rose 4% in recent Wednesday trade.

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