Finbar Group
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Finbar Group (FRI) investor relations material

Finbar Group AGM 2026 presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2026 presentation summary10 Nov, 2026

AGM and resolutions

  • 99 shareholders lodged valid proxies covering 161,436,998 shares, or 59.3% of issued shares.

  • Remuneration report adopted with 98.87% of votes cast for; Deloitte Touche Tohmatsu appointed external auditor following KPMG’s resignation.

  • John Chan, Ronald Kean Yew Chan and Melissa Siew Ching Chan re-elected as directors, with 98.22%, 98.14% and 98.07% of votes for, respectively.

  • Non-executive director fee pool increased by $240,000 to $600,000 annually, effective FY27; 98.27% of votes cast were for.

FY26 financial performance

  • Revenue $204.3M, down 28.2% YoY; NPAT $20.3M, up 40.9%, and underlying NPAT $22.1M, up 36.5%.

  • EPS 7.4 cents, up 39.6% YoY; NTA/share 94 cents, up 2.2%; gross profit margin 20.2%, versus 12.1% in FY25.

  • Cash and term deposits $50.7M, up 39.3% YoY; borrowings $13.9M, down 72.4%. FY26 dividends totaled 5.5 cents/share, including a 3-cent fully franked final dividend.

Sales and operating activity

  • FY26 settled 287 lots valued at $263.7M; sold 566 lots valued at $528.8M, up 124% in value YoY; presales reached $567.2M, up 92.8%.

  • Three projects launched for $411M and 482 lots, 80% sold; end-value under construction was $515.1M across 615 lots, up 31.7% in value YoY.

  • FY27 to 31 Oct: presales $395M, sales $74.4M and settlements $231.7M, including Bel-Air and Garden Towers.

  • CY2026 to 31 Oct sales mix averaged 53% investors and 47% owner-occupiers; first-home buyers were 18%, repeat buyers 27% and referred buyers 21%.

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Frequently asked questions

Finbar Group Limited is an Australian property development company specializing in residential and commercial real estate projects. The company focuses on the development of high-density apartments, primarily in urban areas within Western Australia. Finbar manages the entire development process, from acquisition and design through to construction and sales, with projects that include apartment complexes and mixed-use buildings. The company aims to deliver quality housing options that cater to urban living demands, particularly in Perth and surrounding regions. The company is headquartered in East Perth, Western Australia, and its shares are listed on the ASX.