Cedar Woods Properties' Strong Sales, Pricing Conditions Support Recent Guidance Upgrade, Euroz Hartleys Says
MT Newswires Live
Dec 18, 2025
Cedar Woods Properties' (ASX:CWP) strong sales and pricing conditions support the company's recent guidance upgrade, which, in turn, are driven by supportive macro conditions, according to a Wednesday Euroz Hartleys note.
The company on Wednesday said it now expects an at least 20% growth in fiscal 2026 after-tax net profit, up from its earlier guidance of 15% growth, leading to a "record" profit and increased dividend distribution.
The research firm said it expects increased net profit after tax numbers to support higher dividends.
Euroz Hartleys maintained its buy rating on CWP, with a price target of AU$9.89 under review.
The real estate company's shares were down nearly 1% in recent Thursday trade.
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