Goodman

Group CEO Greg Goodman on our FY24 full year results today — “Goodman is providing essential infrastructure, with our warehouses and data centres supporting the flow and storage of goods and data through the economy. The expansion of the digital economy continues at pace. The growth of e-commerce, cloud computing, and adoption of new technologies, including artificial intelligence and machine learning, is creating significant opportunity for Goodman to develop the infrastructure our customers are seeking. This has supported the Group’s strong operational results, despite global market uncertainty. Operating profit was $2.05 billion, up 15% for the year, and operating EPS was up 14% on the previous year. We are well positioned for FY25, with a strong development workbook, robust capital position and numerous opportunities to optimise value, particularly around data centres. We expect FY25 operating EPS growth to be 9.0% which equates to over $2.2 billion of operating profit.” Watch the video for the highlights of our FY24 results or read the full announcement here: https://brnw.ch/21wLRap #ausbiz

Group CEO Greg Goodman spoke to Larry Schlesinger from the The Australian Financial Review following our FY24 Full Year Results yesterday. “Demand for data centres is next level,” Mr Goodman said. “Over the next five years, global demand expected to be double from what is in now.” High barriers to entry, significant capital resources needed to fund projects, and the expertise needed to navigate planning regimes and energy challenges have put groups like Goodman with their global network of sites and investment partners in prime position to capitalise on the demand. “We have a pretty formidable powerbank in big cities” Mr Goodman said. Goodman’s increased focus on bigger infrastructure-like projects and data centre opportunities came as it beat its already twice-upgraded full-year earning guidance after reporting operating earnings per security of 107.5¢, up 14 per cent on last year.”

Goodman Group delivers strong operating profit of $2.05bn, up 15% on FY23, and FY24 operating EPS growth of 14%. Read more on our FY24 Full Year results here: https://brnw.ch/21wLR5j #ausbiz

How can you have greater visibility and increased efficiency of your supply chain operations? The answer: with supply chain technology. Automation, AI, data analytics, IoT, cloud computing and blockchain technology are revolutionising supply chain management. These trends are shaping the future by enabling greater efficiency, visibility, and optimisation. To learn more read our Insights article here: https://lnkd.in/gFZ745z2

Good is transforming brownfields. Great is what you do from here. Originally an industrial site built in the 1950s, Port Central Business Park has been refurbished, offering modern traditional and converted spaces suitable for warehouse, showroom or retail space needs. Ideally located 3km from the CBD, the estate is ready for those with big ideas and big ambitions. Discover more: https://brnw.ch/21wLNcj

“AI will have the same kind of impact on businesses as the internet did,” says Ivan Poupyrev, Dr. Founder and CEO of Archetype AI. In this Thought Starters episode, we explore how Physical AI will augment human intelligence capabilities, giving us superpowers to increase productivity, safety and a range of other benefits. Learn more: https://lnkd.in/gdmWvR7D #RethinkingTomorrow

Designed for innovation and sustainability. Goodman Business Park in Greater Tokyo, Japan boosts employee wellbeing by day and delights local residents by night. https://lnkd.in/gMN8K7GK

Transforming brownfields: unlocking urban potential Major cities are reaching their physical limits, and increasing urban sprawl can no longer be an effective and sustainable solution. One possible answer? Brownfield development. Abandoned or underutilised industrial and commercial sites present a unique opportunity for urban renewal and revitalisation. The benefits of brownfield redevelopment are multifaceted, offering economic, environmental, and social advantages that can contribute to the overall wellbeing of local communities. Learn more here: https://lnkd.in/gkheBEji

“Rethinking Tomorrow” is our latest Thought Starters series bringing together global experts to explore the seismic shifts in technology and business. Join us as we learn how to be more efficient, sustainable, and ready for the challenges that lie ahead. #RethinkingTomorrow Thanks to our global thought leaders and experts Ivan Poupyrev, Dr., Rosalind Shinkle, Omera Khan, Liam Buswell and Dr John Gattorna for their time in the making of this series. https://lnkd.in/gbmAW2hM

Good is future ready. Goodman Westlink is state-of-the-art facility in Hong Kong SAR and sets a benchmark for logistics automation capability. https://lnkd.in/gKh9YUYw