CNI -0.8% delivered a solid first-half result and modestly upgraded its full-year operating EPS, reinforcing confidence in earnings resilience despite ongoing volatility across listed property and capital markets.
- 1H FY26 – key numbers
- Operating EPS: $0.066 (vs $0.062 YoY)
- Operating profit: $54.6m, +6.9% YoY
- Net income: $49.8m (vs $14.8m YoY)
- Interim distribution: A$0.0520
- Assets under management: $21.8bn
- Guidance is for operating EPS: $0.136 (up from A$0.134)
- Distribution guidance per security: $0.104 (unchanged)
The lift in operating EPS reflects steady contributions from the core funds management platform, while the sharp increase in statutory net income highlights the benefit of a more stable valuation environment versus last year. Importantly, the distribution outlook remains intact, supporting Centuria’s appeal for income focused investors.
MM remains long & bullish CNI ~$2
Add To Hit List
