Goodman Group

GMG: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$54.00	Trqcqz	Bqlxggdqdp

Goodman Sees Strong Demand for Industrial Property, but it Won't Last Forever; FVE Unchanged

Johannes Faul

Feb 13, 2020

Narrow-moat-rated Goodman Group delivered a strong first-half result, with operating earnings per security of AUD 28.8 cents. The momentum of the business, particularly its funds management division, prompted an increase in profit guidance for the full year. Management now expects 2020 earnings to be 11% above 2019, up from the previous 9% growth expectation.

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