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News: SGP Stockland Corporation provides guidance updates

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    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"
 
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