What Drove Cedar Woods Properties Ltd (ASX:CWP) FY26 Revenue to AUD 502.4 Million?

Sonal Goyal

28 October 2026 12:48 AM AEDT

What Drove Cedar Woods Properties Ltd (ASX:CWP) FY26 Revenue to AUD 502.4 Million?

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Key Highlights

FY26 revenue was AUD 502.4 million and net profit after tax reached AUD 65.6 million.
The company reported 1,068 settlements and AUD 830 million in presale contracts.
Its development portfolio contained 36 projects and a pipeline exceeding 9,600 lots and units.

On 27 October 2026, Cedar Woods Properties Ltd (ASX:CWP) traded at AUD 6.31, higher by 2.77% at the time of writing in the Australian trading session. This was an intraday quotation, not a confirmed closing price. The company operates in Australian property or property-related services, and the separate FY26 disclosure describes its financial and operating developments. The historical company announcement and the share movement occurred on different dates; the trading movement is not attributed to that announcement.

FY26 Financial Performance

Cedar Woods reported FY26 total revenue of AUD 502.4 million, up 8% on the previous year, and net profit after tax of AUD 65.6 million, a 36% increase. Earnings per share were 77.9 cents, while dividends per share were 39.0 cents. These measures reflect the developer’s recognition of property sales and its distribution outcomes for the full year. The timing of individual settlement events affects when sales and related earnings appear in the financial accounts.

Presales and Settlements

The results presentation recorded 1,326 net sales, 1,068 settlements and AUD 830 million of presale contracts at 30 June 2026. It also reported 1,184 lots added through acquisitions contracted during FY26. The company’s project pipeline spans residential lots, apartments, townhouses and some commercial property. Management described a portfolio of 36 projects across four Australian states with more than 9,600 lots and units available to support project delivery over successive reporting periods.

Development Partners and Project Mix

Cedar Woods discussed partnerships with QIC and Tokyo Gas Real Estate, including a project beside Robina Town Centre in Queensland involving more than 400 dwellings. Its presentation described multiple joint ventures with Tokyo Gas Real Estate, including completed developments and additional opportunities being examined. The group uses a combination of wholly owned projects and partnered development structures, with its investments and completion schedules dependent on planning, construction and the pace at which sales contracts settle.

About the Company and Business Overview

Cedar Woods Properties Ltd (ASX:CWP) is an Australian property developer engaged in acquiring sites, planning communities, constructing residential products and selling completed homes and lots. Projects are located in Queensland, South Australia, Victoria and Western Australia. The business also includes higher-density developments and selected commercial components, allowing its product mix to vary across regions and different stages of the property cycle.

Operating Model and Reporting Context

The company’s reported presale contracts and settlements represent different stages of a development transaction. A contract is not necessarily revenue recognised in the same financial period, while completed settlements contribute to the timing of earnings. Cedar Woods also uses a mixture of products and locations to reach customers with different housing requirements. Its disclosures distinguish acquisitions added to its longer-term development inventory from projects already generating sales and completed dwellings. The group’s results should therefore be read alongside the reported contracts book, settlement numbers and activity across its project portfolio.

Risks and Catalysts on Watch

Risks associated with the disclosed portfolio include planning approvals, development expenditure, construction availability and costs, presale cancellations and settlement timing. Demand and housing finance conditions differ across the four states. Partnerships may change capital contributions and the timing of earnings recognition. The company’s future reporting can show whether the existing presale book progresses into completed settlements and how additional acquired land is scheduled.

Looking Ahead

The FY26 figures document revenue and profit growth, new sales contracts and a development portfolio spanning several Australian markets. The timing of future projects and the conversion of presales to settlements remain central factual milestones for subsequent results.

FAQs

Q: What was Cedar Woods FY26 revenue?

A: AUD 502.4 million.

Q: How many settlements were reported?

A: The company reported 1,068 settlements for FY26.

Q: How large was the presale book?

A: Presale contracts totalled AUD 830 million at 30 June 2026.

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