Brief: Abacus Property Posts Group Statutory Profit Of A$25.5 Million In FY23

Abacus

18/08/2023 02:16

Aug 18 (Reuters) - Abacus Group  ABG.AX :
    * GROUP STATUTORY PROFIT OF A$25.5 MILLION IN FY23, DOWN
95.1%
    * FY FUNDS FROM OPERATIONS OF A$175.0 MILLION, UP 8.8% ON
FY22
    * FY23 DISTRIBUTION PER SECURITY OF 18.4 AU CENTS
    * ABACUS STORAGE KING ALSO RECONFIRMS FY24 DISTRIBUTION
GUIDANCE
OF 6.0 AU CENTS PER ABACUS STORAGE KING SECURITY
    * RECONFIRM FY24 GUIDANCE OF 8.5 AU CENTS PER ABACUS GROUP
SECURITY WITH PAYOUT RATIO ASSUMED TO BE IN RANGE OF 85%-95% OF
FFO

Source text for Eikon:  ID:nASX7SLhtj 
Further company coverage:  ABG.AX 

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