Goodman Group has reaffirmed it is on track to deliver a 7 per cent lift in full-year earnings per security, crediting sustained activity levels and its own strategy for the increase.
At an investor update today, Goodman said it still expects to deliver earnings per share of 37.2c in fiscal 2015.
“Sustained activity levels and the development momentum across Goodman’s geographically diversified operating platform, combined with the consistent and disciplined execution of our business strategy are providing certainty and sustainability of earnings," Goodman Group chief executive Greg Goodman said.
The group added that its operational platform and strategy will provide significant future financial and operational flexibility, with an eye to delivering sustainable long-term earnings per security growth of 6 per cent per annum.
Goodman Group is the largest industrial property group listed on the ASX and has operations in Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil.