Appendix 4E
| Stock | Vicinity Centres (VCX.ASX) |
|---|---|
| Release Time | 20 Aug 2025, 8:49 a.m. |
| Price Sensitive | Yes |
Vicinity Centres reports FY25 results
- Revenue from ordinary activities up 0.4% to $1,321.9m
- Net profit after tax up 83.6% to $1,004.6m
- Funds from operations up 1.4% to $673.8m
Vicinity Centres has released its financial results for the year ended 30 June 2025 (FY25). Revenue from ordinary activities increased by 0.4% to $1,321.9 million, compared to $1,317.2 million in the prior year. Net profit from ordinary activities after tax attributable to securityholders increased by 83.6% to $1,004.6 million, up from $547.1 million in the prior year. Funds from operations (FFO) increased by 1.4% to $673.8 million, compared to $664.6 million in the prior year. Net tangible assets per security increased by 4.4% to $2.40, while net assets per security also increased by 4.4% to $2.44. The company will pay an interim distribution of 5.95 cents per stapled security on 13 March 2025 and a final distribution of 6.05 cents per stapled security on 16 September 2025. The Vicinity Centres Distribution Reinvestment Plan will apply to the final distribution, with a 1% discount.