In this issue : DECEMBER 2019
In this issue : DECEMBER 2019

Securityholder information

“2019 was an extremely good year for Goodman by any measure.”

Ian Ferrier, AM
Chairman, Goodman Group

Annual General Meetings

The Goodman Board and executives had the opportunity to meet with investors face-to-face at the Goodman Annual General Meetings on Wednesday 20 November in Sydney. Our Chairman Ian Ferrier, reiterated the positive long-term performance of the Group, updated investors on changes to the remuneration structure and discussed our sustainability progress.

The financial highlights presented included:

  • Operating profit of $942 million, up 11.4% on FY18
  • Statutory profit of $1,628 million, up 48% on FY18
  • Operating earnings per security of 51.6 cents, up 10.5% on FY18
  • Distribution per security of 30.0 cents, up 7% on FY18.

The Group CEO, Greg Goodman discussed the structural trends driving our business including consumerism, urbanisation and the demand for logistics coming from e-commerce. He noted that while the overall consumer market is subdued, online sales continue to grow and now account for 14.1% of total sales globally. Goodman is positioned to help customers manage this growth by organically adding to our portfolio in locations that are close to the major cities of the world, where land is scarce and barriers to entry are high. This helps our customers be closer to their customers.

The full Chairman and CEO presentation can be found here, while a webcast replay of the event is available here.

All resolutions were passed, and the results of the voting are below:

    • Resolution
    • Number of votes
    • Total %
    • 1Appoint Auditors of Goodman Logistics (HK) Limited (GLHK)
    • Votes cast 'FOR' the resolution
    • 1,496,570,257
    • 97.88
    • Votes cast 'AGAINST' the resolution
    • 32,409,972
    • 2.12
    • 2Re-elect Mr Phillip Pryke as a Director of Goodman Limited
    • Votes cast 'FOR' the resolution
    • 1,132,070,272
    • 73.91
    • Votes cast 'AGAINST' the resolution
    • 399,638,709
    • 26.09
    • 3Elect Mr Anthony Rozic as a Director of Goodman Limited
    • Votes cast 'FOR' the resolution
    • 1,411,130,496
    • 92.14
    • Votes cast 'AGAINST' the resolution
    • 120,409,605
    • 7.86
    • 4Elect Mr Chris Green as a Director of Goodman Limited
    • Votes cast 'FOR' the resolution
    • 1,530,800,610
    • 99.94
    • Votes cast 'AGAINST' the resolution
    • 898,739
    • 0.06
    • 5Adoption of the Remuneration Report
    • Votes cast 'FOR' the resolution
    • 1,245,518,050
    • 83.82
    • Votes cast 'AGAINST' the resolution
    • 240,428,634
    • 16.18
    • 6Issue of Performance rights to Gregory Goodman
    • Votes cast 'FOR' the resolution
    • 1,265,640,476
    • 84.86
    • Votes cast 'AGAINST' the resolution
    • 225,726,652
    • 15.14
    • 7Issue of Performance rights to Danny Peeters
    • Votes cast 'FOR' the resolution
    • 1,271,425,188
    • 88.74
    • Votes cast 'AGAINST' the resolution
    • 161,348,925
    • 11.26
    • 8Issue of Performance rights to Anthony Rozic
    • Votes cast 'FOR' the resolution
    • 1,271,376,190
    • 88.73
    • Votes cast 'AGAINST' the resolution
    • 161,404,420
    • 11.27

*Vote in relation to Goodman Limited. For the full voting results, click here

Upcoming key dates

    • 23 December 2019
    • Announcement of estimated half year distribution
    • 30 December 2019
    • Ex distribution date
    • 31 December 2019
    • Record date for the half year
    • 13 February 2020
    • Announcement of half year results
    • 25 February 2020
    • Estimated distribution payment date
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