ASX:MGRREITs
Is Mirvac’s Return to Profitability and Upgraded 2026 Outlook Altering the Investment Case for ASX:MGR?
Mirvac Group recently reported a return to profitability for the year ended June 30, 2025, with net income of A$68 million following a prior-year loss, and announced guidance for increased distributions and operating earnings for fiscal year 2026.
The company's improved financial performance, accompanied by expectations of growth in both earnings and distributions, signals an optimistic outlook and potential shift in investor confidence.
Given Mirvac’s return to profitability and raised 2026...