News: SGP Stockland Corporation provides guidance updates

Oct 26 (Reuters) - Stockland Corporation Ltd (SGP)

• "Remain on track to achieve more than 6,000 residential settlements for full year"
• Total sales for quarter increased by 2.4 per cent, with comparable specialty sales up 1.1 per cent on corresponding quarter
• "Expect retail sales growth to continue at moderate levels"
• "Remain confident of achieving 3 - 4 per cent comparable retail ffo growth in FY17, in line with our guidance"
• "On track to achieve target growth in FFO per security of 5.0 - 7.0 per cent across entire group, with a profit skew to 2h17"