Mirvac Group (MRVGF,MGR.AX), an Australian real estate development company, reported Thursday that it recorded strong operational results in the third quarter across all sectors, reflecting high-quality assets in best locations. Further, the firm confirmed its fiscal 2026 outlook.
For the full year, Mirvac is still targeting operating earnings per share of 12.8 cents to 13.0 cents, representing 6.7% to 8.3% growth from last year.
Campbell Hanan, Mirvac Group CEO & Managing Director, stated, "Overall, we have good visibility of earnings for the remainder of the financial year and remain on track to achieve guidance in FY26."
In Australia, the shares were losing around 1.4 percent, trading at A$1.7550.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.