Ingenia Communities FY26 Results Presentation
Key points
- FY26 underlying EPS exceeded guidance by 16% at 35.8 cents
- EBIT increased by 18% to $193.4 million
- New home settlements up 10% to 573
- $240 million invested in growth including acquisitions and development
- Gearing at 31% within target range
Full summary
Ingenia Communities Group (ASX: INA) presented its FY26 Results, showcasing a strong financial performance with underlying EPS at 35.8 cents, up 16% from the prior year, and EBIT at $193.4 million, up 18%. The company achieved 573 new home settlements, a 10% increase from FY25, and invested $240 million in growth through acquisitions, development, and densification. The company's diverse revenue streams, including CPI-linked rents and growth in holidays occupancy, contributed to the solid operational performance. Ingenia maintained a stable corporate and support cost base, platform established for scale, and a performance-based culture with a refined organizational structure. The company also released capital from lower growth assets and explored strategic capital partnerships.
Guidance
FY26 underlying EPS 35.8 cents, EBIT $193.4 million, new home settlements 573
Outlook
Ingenia Communities is on track to deliver its 5-Year Plan with improved returns and scale, focusing on implementing design and procurement efficiencies, delivering targeted development returns, and growing settlements as projects progress.
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