Australia's Growthpoint Properties rises on raising outlook, profit swing

Growthpoint Properties Australia

25/02/2026 01:05

** Growthpoint Properties GOZ.AX rises as much as 1.8% to A$2.24; marks biggest intraday pct gain since February 18

** Co posts HY statutory net profit of A$62.6 mln ($44.3 mln), swinging from year-ago stat net loss of A$98.7 mln

** Raises lower end of FY26 funds from operations outlook to 23.0-23.6 Australian cps from earlier 22.8-23.6 Australian cps

** YTD, GOZ down 8.4%

($1 = A$1.4140)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))