Key points
- FY26 FFO of $81.2 million, down 1.9% on FY25
- Distribution of 8.501 cents per security, flat on FY25
- NTA of $1.59 per security, down 7.6% on FY25
Full summary
Abacus Group (ASX:ABG) announced its financial results for the year ended 30 June 2026, reporting Funds from Operations (FFO) of $81.2 million, a 1.9% decline from the previous year. The company's distribution remained flat at 8.501 cents per security, with a payout ratio of 93.6% of FFO. The statutory net loss of $74.5 million was primarily due to the non-cash impact of reclassifying the investment in Abacus Storage King from equity accounted to fair value. The Group's Office Portfolio delivered operating earnings of $89.6 million, while the Retail Portfolio reported like-for-like operating earnings of $30.0 million, up 4.5% from FY25. ABG is now positioned as a pure-play Commercial REIT, focusing on A-grade office assets across Australia's eastern seaboard markets.
Guidance
FY27 distribution guidance of 6.70 cents per security, targeting a payout ratio of 80%-90% of FFO
Outlook
Abacus Group expects to drive value creation through active asset management, disciplined capital allocation, and a focused approach to investing in chosen markets and sectors.