Happy I slipped in a buy last week on this one. Interim dividend 22cents.

Didn't realise how much of a brick manufacturer it IS NOT.

This is more of a listed investment company with a side gig to help with cashflow.

• Record underlying profit up 95%
• P/E of 8.1

From their AGM:

"Revenue of $890 million was down 6%. The decrease was primarily due to land sales revenue recorded last year, and the impact of exchange rate movements on Building Products North America revenue, when reported as Australian dollars.

EBITDA from continuing operations of $453 million, was up 61%, primarily driven by increased earnings from Property, Investments and Building Products Australia.

As the Chairman mentioned, underlying net profit after tax from continuing operations was a record, at $285 million.

This translates to underlying earnings per share of 189 cents.

After including significant items and discontinued operations, the statutory profit was $239 million, down 20% from FY2020, which included a large one-off profit in relation to our shareholding in WHSP."

Australia Post has joined the likes of Amazon, Coles and Woolworths with plans to set up a high-specification property at Oakdale West Industrial Estate in Sydney’s west - a joint venture development from Goodman Group (ASX: GMG) and Brickworks (ASX: BKW).

Larger than the suburb of Pyrmont, Oakdale West at Kemps Creek is a zoned, masterplanapproved fully-serviced site, and is on the doorstep of the Western Sydney Aerotropolis with easy access to the M7 and M4 motorways.

https://www.businessnewsaustralia.com/articles/australia-post-the-latest-tenant-to-sign-on-to-goodman-brickworks-jv-s-pyrmont-sized-industrial-park.html