Peet Limited
PPC.ASXReal Estate
The development of broadacre residential land via syndicated, owned or joint venture projects.
Market Data
$1.715
-0.0%$812.3M
9.6x
$0.180
6.63%
-0.1%
Recent Announcements
Upgrade to FY26 Earnings Guidance
Peet Limited (ASX:PPC) has upgraded its FY26 Net Profit After Tax guidance to $98-100 million from $86-90 million, representing 67-71% earnings growth compared to FY25, driven by strong market conditions in Western Australia and Queensland and accelerated construction delivering product to market sooner than expected.
Peet Delivers Earnings Growth & Upgrades FY26 Guidance
Peet Limited delivered exceptional 1H26 results with net operating profit surging 102% to $50.9 million, driven by strong housing demand across key markets and margin expansion. The company significantly upgraded its FY26 earnings guidance to $86-90 million (47-54% growth) and increased its dividend by 136% to 6.5 cents fully franked. Strong operational metrics include 76% land bank activation and $776 million in contracts on hand, positioning the company well for continued growth. Key points: Exceptional earnings growth with net operating profit up 102% to $50.9 million; EBITDA margin expanded 8 percentage points to 34%; Dividend increased 136% to 6.5 cents fully franked
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