1H26 Results Presentation

Key points

• GemLife outperformed on key financial and operational metrics, exceeding Prospectus forecasts.
• Average Home sale price increased by 10% compared to 1H25.
• Settlements were 16 Homes ahead of the Prospectus forecast.
• Underlying EPS guidance upgraded to 30.0-31.0 cents for FY26.
• GemLife achieved Great Place to Work® certification for 2026/2027.

Full summary

GemLife Communities Group reported a successful first half of FY26, outperforming on key financial and operational metrics. The company achieved 16 more home settlements than forecasted, with an average home sale price increase of 10% compared to the previous year. Underlying EPS was 15.4 cents, ahead of Prospectus forecasts, leading to an upgrade in the FY26 Underlying EPS guidance to 30.0-31.0 cents. The company also achieved Great Place to Work® certification for 2026/2027, reflecting its strong workplace culture and employee experience.

Guidance

FY26 Underlying EPS guidance upgraded to 30.0-31.0 cents

Outlook

GemLife is optimistic about its growth prospects, driven by strong demand and pricing growth, despite various macroeconomic factors.