Lifestyle Communities Ltd FY26 Trading Update
Key points
- Sales momentum improves with 56 new home sales in Q4 FY26
- Year-to-date sales up 50.4% with 209 new home sales
- Inventory reduction of 53.2% and net debt down by $182.8m
Full summary
Lifestyle Communities Ltd (ASX: LIC) has delivered a robust trading update for the period ended 15 June 2026, showcasing a significant improvement in sales momentum. The company reported 56 new home sales in Q4 FY26, marking a 30.2% increase from Q3 FY26. Year-to-date, new home sales have surged by 50.4% to 209, compared to 139 in FY25. The company attributes this growth to its market-led pricing strategy and the Way to Live brand campaign. Despite a cautious macroeconomic environment, demand remains resilient. The company has also successfully reduced its inventory of unsold homes by 53.2% and net debt by $182.8m as at 31 May 2026.
Guidance
Net debt reduction of $182.8m as at 31 May 2026, inventory reduction of 53.2%
Outlook
The company expects development margins to moderate in the near term, from 11.0% in H1 FY26 to 8.5% - 9.5% for FY26, as part of a disciplined approach to sales and balance sheet management.
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