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Ingenia Communities affirms fiscal 2018 guidance

Ingenia Communities Group affirmed previous guidance of EBIT in the range of A$45 million to A$47 million for fiscal full-year 2018.

The company, focused on developing and managing retirement and lifestyle communities, is targeting EPS of at least 15.6 Australian cents for the period.

Meanwhile, new home settlements are estimated to be 260 to 280 for fiscal 2018, according to a release.