PRE-MARKET AUSTRALIAN STOCKS NEWS: Goodman Group (GMG AT) reaffirmed FY27 operating EPS growth guidance of 9% and distribution guidance of AUD 0.30/security
ORIGINAL · NewsquawkPRE-MARKET AUSTRALIAN STOCKS NEWS: Goodman Group (GMG AT) reaffirmed FY27 operating EPS growth guidance of 9% and distribution guidance of AUD 0.30/securityRead originalHide original
Goodman Group (GMG AT) - Co. reaffirmed FY27 operating EPS growth guidance of 9% and distribution guidance of AUD 0.30/security, while its global power bank rose to 6.6GW, including 3.6GW of secured power; Q1 work in progress totalled AUD 19.7bln across 51 projects, industrial property portfolio occupancy stood at 95.5%, and portfolio value rose to AUD 90.0bln, with its data-centre programme remaining on track. (Dow Jones Newswires) Ingenia Communities (INA AT) - Warburg Pincus has two days to improve its offer of over AUD 2bln for the Co. or withdraw from the takeover battle. (The Australian) Woodside Energy (WDS AT) - Co. could consider selling a 16.67% stake in the North West Shelf gas-export facility to XRG for USD 1.45bln, mirroring Shell's proposed transaction, according to Macquarie. (Dow Jones Newswires) Energy - Abu Dhabi's XRG agreed to acquire Shell's stake in Woodside Energy's North West Shelf LNG project for AUD 2.1bln, a year after abandoning its Santos takeover bid. (The Australian) Broker Ratings/Price Target Champion Iron (CIA AT) price target cut by 14% to AUD 3.10/shr by UBS. Dicker Data (DDR AT) price target raised by 3.2% to AUD 15.90/shr by UBS. Westpac Banking (WBC AT) price target cut by 7.8% to AUD 41.50/shr by UBS. ```
The brief covers Goodman’s reaffirmed FY27 guidance and operating figures, an Ingenia offer deadline, two distinct North West Shelf statements, and UBS target changes.
News detail
Goodman Group (GMG AT) - Co. reaffirmed FY27 operating EPS growth guidance of 9% and distribution guidance of AUD 0.30/security, while its global power bank rose to 6.6GW, including 3.6GW of secured power; Q1 work in progress totalled AUD 19.7bln across 51 projects, industrial property portfolio occupancy stood at 95.5%, and portfolio value rose to AUD 90.0bln, with its data-centre programme remaining on track. (Dow Jones Newswires) Ingenia Communities (INA AT) - Warburg Pincus has two days to improve its offer of over AUD 2bln for the Co. or withdraw from the takeover battle. (The Australian) Woodside Energy (WDS AT) - Co. could consider selling a 16.67% stake in the North West Shelf gas-export facility to XRG for USD 1.45bln, mirroring Shell's proposed transaction, according to Macquarie. (Dow Jones Newswires) Energy - Abu Dhabi's XRG agreed to acquire Shell's stake in Woodside Energy's North West Shelf LNG project for AUD 2.1bln, a year after abandoning its Santos takeover bid. (The Australian) Broker Ratings/Price Target Champion Iron (CIA AT) price target cut by 14% to AUD 3.10/shr by UBS. Dicker Data (DDR AT) price target raised by 3.2% to AUD 15.90/shr by UBS. Westpac Banking (WBC AT) price target cut by 7.8% to AUD 41.50/shr by UBS. ```
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