Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%
Lithium
44.02
(1.48%)
Gold
2,660.60
(0.05%)
Copper
4.20
1.51%
Oil
69.45
1.89%
Bitcoin
95,927.17
0.07%
FTSE 100
8,365.57
0.63%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,648.95
(0.27%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
(0.24%)
Hang Seng
19,746.32
0.82%

Abacus Storage King (ASX: $ASK) highlights strong growth and strategic initiatives

Overview of Abacus Storage King's AGM


Abacus Storage King (ASX:ASK) held its Annual General Meeting on November 12, 2024, in Sydney. The company reported strong FY24 performance with significant asset growth and operational excellence. Strategic initiatives focused on acquisitions, development, and sustainability were highlighted, with aspirations to lead the Self Storage industry.

Key takeaways from Abacus Storage King's announcement


During the AGM, Abacus Storage King presented its robust FY24 performance, achieving $81.1 million in Funds From Operations and a statutory profit of $138.2 million. The company executed strategic developments, including a significant de-stapling and expansion through acquisitions and new store developments. Sustainability initiatives were also a priority, with a commitment to net zero emissions by 2030. The company aims to enhance its leadership in the Self Storage sector through a multi-pronged growth strategy, anticipating continued strong demand supported by market drivers like population growth and e-commerce trends. The outlook for FY25 is positive, with strong trading conditions and upgraded distribution guidance.

Insights from Abacus Storage King's leadership


The company's performance in FY24 was robust, with significant growth in assets and strong operational metrics. We focused on strategic growth through acquisitions, development, and sustainability initiatives. Abacus Storage King aims to be the leader in the Self Storage industry, emphasizing a strong portfolio and operational excellence.

ABACUS STORAGE KING
ASK | ASX | Real Estate
1.2150.0050000000000001(+0.41%)
At close 02/12 (AEDT)
Market cap
$1.6B
Volume
442,508
DY Yield
0.0496
PE Ratio
11.045455
52 Week Range
1.005 - 1.345
1YR Return
N / A

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