Centuria Capital Group (ASX:CNI) discusses 1H17 results

Company Presentations

by Carolyn Herbert

Centuria Capital (ASX:CNI) is an ASX-listed specialist investment manager with $3.6 billion in funds under management and a 35 year track-record of delivering a range of products and services to investors, advisers and shareholders.

The business has two key areas of focus: Centuria Investment Bonds which delivers innovative solutions to help clients meet their investment goals, and Centuria Property Funds which specialises in listed and unlisted property investments.

In 1H17, the fund's operating NPAT was $2.9 million, and it declared an interim distribution of 2.30 cents per stapled security.

Centuria also completed the acquisition of the majority of 360 Capital Group's real estate funds management platform in January 2017.

The fund reaffirmed its FY17 guidance: including operating NPAT of $14.9 million, operating EPS of 9.9 cps and DPS guidance of 7.5 cps.

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.