Simonds Group begins share buyback
Integrated homebuilder and builder training organisation Simonds Group recently delivered its first annual result since listing on the ASX in November 2014. The company is a market-leading homebuilder in Victoria, but it also has operations in Queensland and New South Wales, with plans to expand.
The group generated a pro-forma net profit of $21.1 million from revenues of $634.4 million, representing an earnings increase of 80.3 per cent on the previous corresponding period.
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