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MIRVAC GROUP — Capital/Financing Update 2018
Jun 27, 2018
65328_rns_2018-06-27_1395658a-cb01-4591-b015-072ff2c61eb6.pdf
Capital/Financing Update
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28 June 2018
MIRVAC TIGHTENS EARNINGS GUIDANCE TO TOP END FOR FY18
Mirvac Group (Mirvac) [ASX: MGR] has today announced it has tightened its earnings guidance for FY18 to 15.6 cents per stapled security (cpss), representing growth of 8 per cent on FY17. This is at the top end of its previous guidance of 15.3 to 15.6 cpss.
This follows the continued delivery of earnings in the Group’s residential division since it released its thirdquarter operational update on 23 April 2018.
Mirvac has reaffirmed distributions of 11.0 cpss, representing 6 per cent growth on FY17.
For more information, please contact:
Media enquiries: Bay Warburton Head of Stakeholder Relations +61 2 9080 8255
Investor enquiries: Bryan Howitt General Manager, Investor Relations +61 2 9080 8749
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