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BRIEF-Stockland Corp says FY statutory profit after income tax benefit attributable to security holders up 71.4%

Published 19/08/2015, 09:23 am
© Reuters. BRIEF-Stockland Corp says FY statutory profit after income tax benefit attributable to security holders up 71.4%
SGP
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Aug 19 (Reuters) - Stockland Corporation Ltd SGP.AX :

* Well placed to continue to deliver profitable growth from its core businesses in FY 2016 and beyond

* FY statutory profit after income tax benefit attributable to securityholders up 71.4 percent to $903 million

* FY revenue and other income up 19.6 percent to $2.61 billion

* Final distribution 12.0 cents per stapled security

* targeting growth in underlying earnings per security in FY 2016 of 6 - 7.5% and FFO per security of 8.5 - 10%

* Says "outlook for specific markets remains uneven, with some caution among businesses and consumers"

* Stockland corp-FY 2016 distribution is targeted at 24.5 cents per security

* Source text for Eikon ID:nASX78XfBF

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