DXS Price sensitive 20 Aug 2025, 8:29 AM

Appendix 4E

Dexus

Dexus reports FY2025 results

Key points

  • Revenue from ordinary activities up 5.4% to $951.2m
  • Statutory net profit up 108.6% to $136.1m
  • Funds from operations down 3.7% to $677.2m
  • Distribution per security down 22.9% to 37.0 cents

Full summary

Dexus (ASX: DXS) has released its Appendix 4E results for the financial year ended 30 June 2025. The company reported revenue from ordinary activities of $951.2 million, up 5.4% from the previous year. Statutory net profit attributable to security holders after tax was $136.1 million, an increase of 108.6% compared to the prior year. Funds from operations (FFO) declined 3.7% to $677.2 million, while underlying FFO decreased 2.9% to $673.3 million. Adjusted funds from operations (AFFO) fell 6.3% to $483.9 million. Distributions to security holders decreased 22.9% to 37.0 cents per security, with the payout ratio of 82.2% of AFFO. Dexus' total assets were $15.4 billion, down 2.7% from the previous year, while total borrowings decreased 3.9% to $4.7 billion. The company's net tangible assets per security were $8.81, down 1.8% from the prior year.

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