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Mirvac Update – Half Year Results 2016

Mirvac Group (MGR) continues to have a strong business profile with a healthy pipeline of new developments and projects. Although the results for the first half of financial year 2016 were somewhat disappointing (although in line with expectations), the group expects operations to improve as non-strategic asset sales are finalised and a significant skew of residential settlements are realised in the second half of the year.

 

Subscribers can access the updated Full Research Report and recommendation on Mirvac 5.50% 2017 by clicking here.