Diversified property giant Stockland (ASX:SGP) has delivered a robust financial performance for the first half of the 2026 fiscal year, headlined by a significant jump in statutory profit to $292 million.
The results, covering the six months ended Dec. 31, 2025, reflect what leadership describes as "disciplined execution" amid a high-volume period for residential settlements.
The group’s post-tax funds from operations grew by 29.5% to $325 million, or 13.5 cents per security.
The growth was largely propelled by a stellar performance in the development division, where FFO skyrocketed to $106 million—nearly triple the $36 million recorded in the prior year.
This was underpinned by a 60% increase in Masterplanned Communities settlements, totaling 3,168 lots.