Trading Update

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Stock Eureka Group Holdings Ltd (EGH.ASX)
Release Time 15 Jun 2026, 9:02 a.m.
Price Sensitive Yes
 EGH Trading Update: Strong Performance and Guidance Confirmation
Key Points
  • FY26 underlying EBITDA expected at or above $21.1 million
  • Seniors' occupancy at 97%, all-age occupancy at 95%
  • Like-for-like rent growth expected to exceed 6%
  • Non-core asset sale in Broken Hill for $4.4 million
  • Over $120 million of accretive rental assets under due diligence
Full Summary

Eureka Group Holdings Limited (ASX: EGH) has issued a trading update for the financial year ending 30 June 2026, highlighting strong performance and confirming guidance. The company's seniors' occupancy remains high at approximately 97%, and all-age long-term rental occupancy has strengthened to approximately 95%. Like-for-like rent growth is expected to exceed 6% for FY26, reflecting sustained demand for affordable rental accommodation. The company has also sold a non-core asset in Broken Hill for $4.4 million and has over $120 million of accretive rental assets under due diligence or advanced price discovery. EGH expects underlying EBITDA to finish at or above the top of the guidance range of $20.2 million to $21.1 million, with underlying EPS at the upper end of the range of 3.37 to 3.44 cents.

Guidance

FY26 underlying EBITDA expected at or above $21.1 million, underlying EPS at 3.37-3.44 cents

Outlook

The Group continues to experience strong demand for affordable rental housing, with both the core seniors and all-age segments performing well. Proposed changes to capital gains tax and negative gearing are expected to further curtail the supply of affordable rental housing, positioning the Group well for sustained demand.