Earnings call transcript: Vicinity Centres posts strong FY 2026 as outlook brightens

Vicinity Centres reported strong full-year earnings for FY 2026, with funds from operations at the top end of guidance and net profit lifted by property revaluations. The company's portfolio now consists of 67% premium retail assets, up from 51% in June 2022, as it continues to shift capital towards higher-value properties. Vicinity Centres' shares rose 1.98% to $2.58, near the top of their 52-week range, reflecting investor confidence in the company's consistent performance and strong balance sheet.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.