Company Interview / Region Group's rebound to profit

Anthony Mellowes CEO of Region Group (ASX:RGN) joined to discuss the company's 1H25 results which highlights Region Group (ASX:RGN) posted a net profit after tax of $81.8 million, rebounding from a $35 million loss in the previous period.

The company reaffirmed full-year earnings guidance, with first-half funds from operations (FFO) at 7.6 cents per share and adjusted FFO (AFFO) at 6.7 cents per share, tracking toward full-year targets of 15.5 and 13.7 cents, respectively.

Assets under management rose 8% to $5.2 billion, with portfolio occupancy steady at 98.1%. An interim distribution of 6.7 cents will be paid, following no distribution a year earlier.