AGM - Chair and CEO Addresses
| Stock | Charter Hall Group (CHC.ASX) |
|---|---|
| Release Time | 20 Nov 2025, 1:09 p.m. |
| Price Sensitive | Yes |
Charter Hall Group Holds 2025 AGM
- Chair Stephen Conry provides overview of FY25 business and achievements
- Managing Director and CEO David Harrison updates on FY25 results and FY26 outlook
- Highlights include 7.4% growth in OEPS, 6% DPS growth, and $84.3bn in FUM
Charter Hall Group held its 2025 Annual General Meeting, with Chair Stephen Conry providing an overview of the company's business and achievements during the 2025 financial year. Key highlights included the company's 20-year anniversary as a listed AREIT, with FUM growing from $1bn in 2005 to $84.3bn in FY25. The strength of Charter Hall's tenant and investor customer relationships was noted as a key driver of resilience, with all sectors exceeding FY25 customer targets and the company's overall Net Promoter Score increasing to +53. Conry also introduced the Board of Directors and acknowledged the contributions of outgoing Director Karen Moses. Managing Director and CEO David Harrison then provided an update on the Group's FY25 financial results, which included a 7.4% increase in operating earnings per security to 81.4 cents, and a 6% increase in distributions per security. Harrison also highlighted the doubling of net equity flows into the funds management business in FY25, as well as strong leasing activity and occupancy across the company's industrial, office, and convenience retail portfolios. The outlook for FY26 was positive, with upgraded guidance for operating earnings per security of 95 cents.The AGM then proceeded to the formal business items, including the re-election of Director Greg Paramor, the adoption of the Remuneration Report, and the appointment of a new external auditor.
Charter Hall Group provided upgraded guidance for FY26 operating earnings per security of 95 cents, representing growth of over 16% compared to FY25.
The outlook for Charter Hall Group remains positive, with the company well-positioned to continue delivering strong earnings and distribution growth underpinned by its diversified property portfolio, robust tenant customer relationships, and active funds management platform.