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

Company Presentations

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