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Region Group Stock Price

Symbol: ASX:RGNMarket Cap: AU$2.7bCategory: Real Estate

RGN Share Price Performance

Recent RGN News & Updates

No updates

Region Group Key Details

AU$380.2m

Revenue

AU$144.8m

Cost of Revenue

AU$235.4m

Gross Profit

AU$101.3m

Other Expenses

AU$134.1m

Earnings

Last Reported Earnings
Dec 31, 2024
Next Reporting Earnings
n/a
Earnings per share (EPS)
0.12
Gross Margin
61.91%
Net Profit Margin
35.27%
Debt/Equity Ratio
57.6%

Region Group Competitors

 
 
 
 
 
 
 
 
 
 
 
 

About RGN

Founded
2012
Employees
n/a
CEO
Anthony Michael Mellowes
WebsiteView website
regiongroup.au/

Region Group is an internally managed real estate investment trust (REIT) with 92 convenience-based retail properties, valued at $4,368 million. We remain the largest owner of convenience-based retail centres with 7% share of the market, which is dominated by private owners. This asset class has proven to be resilient due to its exposure to nondiscretionary retail categories, including long leases with grocery-based anchor tenants. Region (originally SCA Property Group ASX: SCP) was created out of Woolworths Group Limited (Woolworths) in late 2012, when ownership in a number of retail properties was transferred. Since our announcement in November 2022, we have been operating under our new name, Region Group (ASX: RGN). Our portfolio benefits from long leases to Woolworths and Coles Group Limited (Coles), which act as our anchor retail partner at more than 96% of our properties. At the heart of our strategy are our customers. This means the places we create will deliver both a practical and positive experience, as we work to be the first choice for essentials at a place nearby. Operating responsibly is of great importance to our business, our communities and our security holders, and we are well placed in delivering our environmental, social and governance commitments. The value of our business is more than its physical properties. It lies in the wellbeing of our people and the prosperity of our retailers as we work together to provide for the essential needs of our customers. Our positioning means we are resilient as a business, capable of delivering growth to our security holders, people, customers and the communities we serve. Our values are what guide us in how we deliver on our ambition.

Australian Market Performance

  • 7 Days: -0.2%
  • 3 Months: 5.5%
  • 1 Year: 8.6%
  • Year to Date: 5.1%
The market has been flat in the last week, however the Materials sector is down 4.2%. Meanwhile, the market is actually up 8.6% over the past year. Looking forward, earnings are forecast to grow by 11% annually. Market details ›
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