FY 2026 Results
Region reported a solid FY 2026 result, with statutory net profit rising to AUD 268.8 million. The property group said FFO per security increased 3.2% to AUD 0.16 and AFFO per security climbed 2.9% to AUD 0.141.
Key Highlights
- Comparable supermarket sales rose 4.1%, up from 3.3% in the prior year
- Specialty sales increased 2.5%, led by food, services, and medical categories
- Portfolio occupancy improved to 98.1%
- Total security holder return was 9.8%, ahead of both the S&P/ASX 200 and the S&P/ASX 200 A-REIT index
Share Price Impact
Region's shares fell 2.75% to $2.295 from the previous close of $2.36. The stock is now trading near the lower end of its 52-week range of $2.09 to $2.5.
FY 2027 Guidance
The company guided to FFO per security of AUD 0.165 and AFFO per security of AUD 0.145, both about 3% higher than FY 2026. Management said the guidance assumes no material change in market conditions and excludes additional transactions beyond those already disclosed.
CEO Commentary
Region's CEO Greg Chubb said the company's portfolio sits "at the heart of more than 100 communities," with convenient access to groceries, services, and other essential retail categories. He highlighted supermarket MAT growth of 4.1%, occupancy of 98.1%, and positive leasing spreads as key drivers.
Financial Health
InvestingPro assigns Region a "GOOD" financial health score of 2.74 out of 5, with particularly strong marks for price momentum and cash flow generation.
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