Lifestyle Communities Ltd
LIC: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#rp!$T | LOCK|@&g | LOCK|@#D<mTH |
Lifestyle Earnings: Sales and Profit Up Despite Adverse Media Attention and Market Softness
No-moat Lifestyle Communities reported a 10% increase in new home settlements in first-half fiscal 2025 compared with the prior corresponding period, or PCP. NPAT of AUD 23 million was also 9% higher, a strong result considering the backdrop. We had expected fiscal 2025 to be a recovery year, with fewer sales and deep discounting due to negative media attention and weakness in the housing sector, but an increase in volumes leads us to think a recovery is underway.
