AVJennings Reports Strong Q3 FY25 Performance with Increased Contract Signings and Settlements
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AVJennings Limited reported a strong Q3 FY25 performance, with a 25% increase in contract signings and a 26% rise in lot settlements compared to the previous year. Growth was driven by increased land sales in Victoria and Queensland, despite a slight decline in integrated housing contract signings. The company benefited from a 25% improvement in sales conversions, supported by a recent interest rate cut by the RBA, which boosted buyer confidence. Current market cap stands at €96.74M.
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