Ingenia Communities Group Limited (ASX:INA) CFO, Scott Noble presents on trends in seniors’ accommodation, the company's holiday parks and recent acquisitions at FNN's Investor Event.
Key points: - Total of 61 communities and more than 7,600 home and holiday sites that generate income
- Delivers stable rental returns of over $2 million every week
- Operates in 4 key segments - Ingenia Garden (rental accommodation), Ingenia Lifestyle (residents own their home and rent the land), Ingenia Rental (rent to build) and Ingenia Holidays
- EBIT of $22.9 million - up 19% on 1H18
- Revenue of $93.4 million – up 21% on 1H18
- New projects underway in Coffs Harbour and Hervey Bay
For more, watch CFO Scott Noble present.
