Cedar Woods Properties' Fiscal Q1 Presales Up 36%

MT Newswires Live
2025/11/05

Cedar Woods Properties' (ASX:CWP) presales accumulated to a record AU$763 million at the end of the first quarter of fiscal 2026, up 36% from AU$560 million a year earlier, according to a Wednesday Australian bourse filing.

The firm expects net profit after tax growth of 15% in fiscal 2026, up from its previous target of 10%, per the filing.

The company's shares shed about 1% in recent Wednesday trade.

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