Guidance30 Jan 2026 08:04
I think one of the issues for GGP and for Shaun is the guidance range which he has maintained at between 260,000 and 310,000 with the expectation this will be at the ‘higher end’
On that basis expectations are full year production between 285,000 ( mid point) and 310,000.
With 6month production to date at circa 166.5k then this suggests that the next 6m will deliver between 60,000 per quarter and 75,000 per quarter ( both well below the production levels for the previous 2 quarters.)
Hopefully if January & February numbers hold up they can come out a bit more positive with some clarity on guidance and perhaps indicating a beat of expectations which would ease a lot of the current nervousness.