Ingenia Communities (ASX:INA): Presentation, CEO Sessions Sydney

Company Presentations

by Carolyn Herbert

Ingenia is a leading Australian property group that owns, operates and develops a growing portfolio of lifestyle communities across key urban and coastal markets. It is also an S&P/ASX 300 entity with a market capitalisation of over $500 million.

Ingenia now owns 27 Lifestyle Communities with six under contract or option. It has over 2,100 development sites secured (83% in metro and coastal locations).

In FY16, operating cashflow was strong at $21.0 million (up 133% on FY15). Underlying Profit from continuing operations was $20.2 million (up 20% on FY15).

In FY17, Ingenia will achieve 150+ settlements and position itself for further growth over the medium term. It will also continue to build a quality development pipeline in key metro and coastal locations.

Carolyn Herbert

Finance News Network
Carolyn joined FNN in August 2015 as the Head of News and also presented 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.