Cedar Woods Properties (ASX:CWP) Shares Soar 9% on Record Profit and Presales

Sonal Goyal

25 August 2026 04:22 PM AEST

Cedar Woods Properties (ASX:CWP) Shares Soar 9% on Record Profit and Presales

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Key Highlights

CWP shares jumped 9.03% to $7.85, up 0.65 on the day
Net profit after tax hit a record $65.6 million, up 36 percent
Presales reached a record $830 million, up 26 percent
Final Dividend of 25.0 cents lifted full-year dividends to a record 39.0 cents
Company is targeting 15 percent NPAT growth for FY27

Cedar Woods Properties Limited (ASX:CWP) shares were trading 9.03% higher at AUD 7.85, up 0.65 on the day, as at 3:12pm AEST on 25 August 2026, after the property developer posted record profit and presales for FY26. Net profit after tax rose 36 percent to $65.6 million, beating the top end of company guidance, while Revenue climbed to a record $502.4 million. Earnings Per Share increased 33 percent to a record 77.9 cents.

Why Cedar Woods Shares Are Rallying Today

The 9 percent jump follows a run of record results:

Net profit after tax: record $65.6 million, up 36 percent, above the top end of guidance
Revenue: record $502.4 million, up from $465.9 million
Gross margin: ~30 percent, up from 28 percent
EPS: record 77.9 cents, up 33 percent
Final dividend: 25.0 cents, taking full-year dividends to a record 39.0 cents, up 34 percent

Record Presales Underpin Investor Confidence

Presales: record $830 million, up 26 percent, covering more than 90 percent of forecast FY27 revenue
Gross sales: record 1,521 lots, homes and offices, up 5 percent
Net sales: record 1,326, up 5 percent
Enquiries: record 30,137, up 25 percent, though softer in Q4 on rate and sentiment pressures

Balance Sheet

Gearing: 18 percent (net bank Debt to total tangible assets less cash)
Net bank debt to equity: 29 percent
Available liquidity: more than $120 million

FY27 Outlook

Cedar Woods is targeting 15 percent NPAT growth for FY27, backed by $830 million in presales that materially reduce near-term sales risk, even as management flags relatively soft residential conditions persisting through much of the year before an expected recovery — a combination the market appears to be rewarding today.

FAQs

Q: Why is Cedar Woods' share price up today?

A:CWP shares rose 9.03% to $7.85 after the company reported a record net profit of $65.6 million, up 36 percent, and record presales of $830 million for FY26.

Q: What was Cedar Woods' net profit for FY26?

A:Cedar Woods reported a record net profit after tax of $65.6 million for FY26, up 36 percent on the $48.1 million recorded in FY25.

Q: How much did Cedar Woods declare in dividends for FY26?

A:The company declared a final dividend of 25.0 cents per share, taking total FY26 dividends to a record 39.0 cents, up 34 percent.

Q: What are Cedar Woods' presales heading into FY27?

A:Presales reached a record $830 million at 30 June 2026, representing more than 90 percent of forecast FY27 revenue.

Q: What is Cedar Woods' profit target for FY27?

A:The company is targeting 15 percent growth in net profit after tax for FY27, subject to property market conditions.

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