Simonds Group Limited (SIO.AX)
Simonds Group Limited operates in the Residential Construction industry of the Consumer Cyclical sector, headquartered in Melbourne, VIC, AU. The stock last traded at $0.14, down 12.12% on the session, giving a market capitalisation of $52.2M. Its beta of 0.09 implies it has historically moved less than the broad market.
Simonds Group Limited, a Melbourne-based Australian enterprise founded in 1949, delivers extensive homebuilding services. Operating primarily through its residential construction and development divisions, the company's activities include designing and erecting private dwellings, developing and selling land for housing, and undertaking various contract builds, including speculative projects and the creation of display homes. Furthermore, it offers payroll, asset management, and intellectual property services. The company showcases its homes across Australia's eastern seaboard and in South Australia. Formerly known as Simonds Homes Holdings Pty Ltd, it adopted its current name in September 2014.
Simonds Group Limited is most often compared with the following Consumer Cyclical names: