Ingenia Communities Group (ASX:INA) 1H17 Results Presentation

Company Presentations

by Carolyn Herbert

Financial highlights:

- Revenue up 25% to $65.4 million
- Underlying profit up 26% to $10.6 million
- Underlying profit EPS up 5% to 6 cents
- Distribution per security up 21% t0 5.1 cents

Operational highlights:

- Now owns 30 Lifestyle and Holiday communities
- Growing Lifestyle and Holidays rental revenues, up 30 per cent on 1H 2016
- Record 1H17 settlements - 82 new homes - up 55% on 1H 2016
- Record occupancy across Garden Villages - 91.4%
- Development now underway in 12 communities 

Carolyn Herbert

Finance News Network
Carolyn joined FNN in August 2015 as the Head of News and also presents the Market at Midday and the Market Wrap. With more than five years of broadcast journalism experience, Carolyn has worked as a finance anchor on the Sky News Business channel and as an anchor and reporter for ABC News. She is also a qualified corporate lawyer specialising in IPOs, takeovers and mergers and acquisitions.