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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