FY26 Full Year Results Announcement

Key points

• Record FY26 net profit after tax of $65.6M, up 36%
• Record earnings per share of 77.9 cents, up 33%
• Record presales of $830M, with over 90% of FY27 revenue secured
• Targeting 15% growth in NPAT for FY27

Full summary

Cedar Woods Properties Ltd has reported a record net profit after tax of $65.6 million for FY26, up 36% from the previous year. The company also reported record earnings per share of 77.9 cents, up 33%. Presales reached $830 million, representing over 90% of forecast FY27 revenue. The company is targeting a 15% growth in net profit after tax for FY27. Cedar Woods Managing Director Nathan Blackburne highlighted the company's strong performance and its position for future growth.

Guidance

Targeting 15% growth in NPAT for FY27

Outlook

Cedar Woods expects residential sales conditions to remain soft through much of FY27 before improving as sentiment recovers and interest rates peak or decline.