Integrated property company Goodman Group (ASX:GMG) announced its results for the half year ended 31 December 2020.
Major takeaways from the ASX release:
Greg Goodman, Chief Executive Officer GMG Group said that the current upgrade is due to the upped game by the logistics and warehousing sector. These two are playing an important role in giving essential infrastructure to the digital economy on an international front.
He also elaborated that, global online sales rose by 30% in 2020 and is anticipated to display further growth in next five years too. Further, the Group has increased the levels of development work in progress to AU$8.4 billion.
Meanwhile, the GMG stock traded in green at AU$17.310, up 0.522% with market capitalisation of AU$31.81 billion at 3:13 PM AEDT.
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and