Ingenia Communities affirms top-end guidance after first-half results

The Ingenia Communities Group (ASX: INA) share price is in focus as the company reaffirmed guidance at the top of its range and reported a first-half statutory profit of $97.4 million, up 11% year-on-year.

What did Ingenia Communities report?

• Revenue: $257.3 million (1H25: $256.9 million)
• EBIT: $85.0 million, down 1%
• Underlying profit: $62.1 million, underlying EPS 15.2c (down 10%)
• Statutory profit: $97.4 million, up 11%
• New homes settled: 248 in 1H26
• Half-year distribution: 4.8 cents per stapled security, payable 26 March 2026

What else do investors need to know?

Ingenia maintained a pronounced second-half skew, with accelerating development settlements expected to support results in the remainder of FY26. The business is targeting FY26 EBIT between $180.5 and $188.7 million, aiming for delivery at the top of this guidance range.

The Group invested $88 million during the half in development projects, new site acquisitions, and growth, including expanding its development pipeline through a new site in Townsville and progressing seven further sites in due diligence.

Both the residential (Living) and Holidays arms saw solid momentum. Lifestyle Rental EBIT rose 6% to $25.7 million, and Holidays EBIT improved 10% to $31.5 million, reflecting resilient demand, higher occupancy, and rate growth, despite higher costs in marketing and utilities.

What’s next for Ingenia Communities?

Management reaffirmed that the Group is on track to deliver FY26 results at the top of the guidance range, aided by a strong pipeline and increased activity expected in the second half. Two new communities, including the expanded Latitude One, should contribute to settlements and earnings in FY26.

Industry demand drivers—like an ageing population and the housing shortage—continue to support Ingenia’s outlook. The company currently has 440 deposits and contracts in place and is commencing new projects, setting up a strong runway for growth heading into FY27.

Ingenia Communities share price snapshot

Over the past 12 months, Ingenia Communities shares have declined 20%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 9% over the same period.

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The post Ingenia Communities affirms top-end guidance after first-half results appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.