Centuria Industrial stock reports higher FY26 profit and FFO

Published on 10/05/2026 at 23:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Centuria Industrial stock posted AUD 160.4 million in FY26 profit, up 20.5 percent year over year. FFO reached AUD 114.1 million and FY27 guidance is set.

Centuria Industrial, AU000000CIP0, Illustration mit AI erstellt.

Centuria Industrial (ISIN AU000000CIP0) delivered FY26 statutory net profit of AUD 160.4 million for the year ended June 30, 2026, up 20.5 percent from AUD 133.1 million. Kapitales Research reported the figures on September 23, 2026, after the FY26 annual report was released.

FFO rises as leasing stays active

Funds from operations increased to AUD 114.1 million, or 18.2 cents per unit, from AUD 110.9 million and 17.5 cents per unit in FY25, according to Kapitales Research. The same FY26 report said Centuria completed 226,200 square meters of leasing at an average re-leasing spread of 30 percent.

Revenue rose 6.4 percent to AUD 248.3 million from AUD 233.3 million, while like-for-like net operating income increased 5.2 percent. The operating improvement gives the earnings result a property-level base beyond the AUD 72.2 million fair-value gain on investment properties reported by MarketScreener.

FY27 guidance meets a higher hurdle

Centuria expects FY27 FFO of 18.8-19.2 cents per unit and distributions of 17.3 cents per unit, subject to operating conditions, according to Kapitales Research. That outlook follows FY26 distributions of 16.8 cents per unit cited by Middle News.

Capital remains a counterweight. Borrowings increased to AUD 1.38 billion from AUD 1.36 billion, and gearing rose to 34.9 percent from 33.2 percent in FY25, while operating cash flow was AUD 95.7 million versus AUD 95.9 million previously. The figures make leasing execution important because higher debt costs can offset gains in rental income.

Analysts see room above the market

The analyst consensus is Outperform from 11 analysts, with six Buy ratings and five Holds and an average target of AUD 3.394, according to MarketScreener. Against the AUD 2.69 market price on October 5, 2026, that target lies 26.2 percent above the price, while the five Hold ratings show that the positive view is not unanimous.

Stock trades below its yearly high

Centuria Industrial stock was last at AUD 2.69 on ASX at 4:10 p.m. AEDT on October 5, 2026, down AUD 0.04 or 1.47 percent on the session. Its AUD 2.68 to AUD 3.59 52-week range places the price AUD 0.90 below the high, while market capitalization stood at AUD 1.7 billion.