Goodman Group lifts profit 11% to $924m

Goodman Group shares have shot up four per cent after the industrial property group reported its full-year operating profit had risen 11.4 per cent to $924 million.

The warehouse and business park owner says its operating profit will rise a further 10.4 per cent this fiscal year to $1.0 billion.

Goodman shares were up 4.0 per cent to $15.46 at 1039 AEST, their biggest move since February 14.

AAP

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