Business
Goodman primed for earnings upgrade on e-commerce boom – The Australian Financial Review
With JP Morgan expecting full-year earnings per share growth close to 12 per cent, Goodman is on track to upgrade its guidance at the half-year mark.
“The numbers keep increasing, work-in-progress keeps increasing,” Mr Goodman told The Australian Financial Review.
“Its being driven by the digital economy and the way people are living and working. Digital retail is having an impact on the services people want and it’s given us good growth opportunities.
‘You see it also in the numbers coming out from retailers and third-party logistics operators. There’s lots of work and activity coming from convenience shopping in all its forms,” Mr Goodman said.
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