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Company News Summary

GPT Group Delivers NPAT of $1.45bn and 3.5% FFO Per Security Growth

11 Feb 2019  |  09:21:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: GPT delivers NPAT of $1.45b and 3.5% FFO per security growth

GPT Group delivered Net Profit After Tax of $1,451.7m for the 12 months to 31 December 2018, an increase of 14.5% on the pcp. FFO per security increased by 3.5% on pcp to 31.84c. It reported a valuation increase of $910.7m for the 12 months to 31 December, with the Office assets recording the largest gains. After the end of the reporting period, the Company announced its intention to divest its 50% interest in the MLC Centre in Sydney.

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