Argosy Property Limited operates within the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Argosy Property Limited with three other
companies in this sector in New Zealand:
Goodman Property Trust
(2019
sales of 155.20 million New Zealand Dollars [US$101.17 million]
of which 100%
was Real estate activities),
Kiwi Property Group Ltd
(238.46 million New Zealand Dollars [US$155.45 million]
of which 44%
was Mixed-use), and
Precinct Properties New Zealand Limited
(134.10 million New Zealand Dollars [US$87.42 million]
of which 97%
was Investment properties).
Sales Analysis.
During the year ended March of 2019, sales at
Argosy Property Limited were 205.04 million New Zealand Dollars (US$133.67 million).
This
is
an
increase of 18.5%
versus 2018, when the company's sales were 173.00 million New Zealand Dollars.
This was the fifth consecutive year of sales increases at Argosy Property Limited
(and since 2014, sales have increased a total of 50%).
Sales of Industrial saw an increase
of
14.0% in 2019, from
39.44 million New Zealand Dollars to 44.97 million New Zealand Dollars.
Not all segments of Argosy Property Limited experienced an increase in sales in 2019:
sales of Retail fell 22.7% to 17.11 million New Zealand Dollars.