Mirvac Group
MGR: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@Y | LOCK|P<P | LOCK|kdHH>Q |
Mirvac Earnings: Adding Confidence to Fiscal 2026 Outlook
In first half, Mirvac grew operating profit after tax by 5% to AUD 248 million, or AUD 6.3 cents per security. Residential sales momentum was encouraging, sending securities up 6% Feb. 18. Management reiterated earnings guidance, which is AUD 12.8 cps-AUD 13.0 cps (7%-8% growth from last year).
