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The GPT Group, Core Porfolio Drives 13% Profit Lift and EPS Growth Forecast of 5% for FY15

FY14 Financial Highlights
 
-  Net Profit After Tax (NPAT) of $645.3 million, up 12.9 per cent
-  Earnings per security (EPS)1 growth of 4.1 per cent
-  9.6 per cent Total Return
-  $2 billion of transactions
-  $1.4 billion of new Funds Management capital raised
-  NTA up 4.0 per cent to $3.94
 
The GPT Group (GPT) today announced a solid 2014 Annual Result, delivering NPAT of $645.3 million, up 12.9 per cent on the prior year and EPS growth of 4.1 per cent for the 2014 financial year. GPT also delivered a 9.6 per cent Total Return and provided earnings growth guidance of five per cent for FY15.
 
GPT CEO and Managing Director, Michael Cameron said the Group had continued to deliver consistent and solid returns, with a disciplined approach to capital allocation and management. GPT’s simple and straight forward business has generated strong outcomes for securityholders and underpins future earnings.
 
 
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