Segro posted its first half 2017 results. Adjusted EPS was up by 3.2% to 9.7p against 9.4p yoy, incorporating the new shares issued in the March rights issue. The vacancy rate remains low at 5.5% against 5.7% in FY16. LTV stood at 29% vs 33% in FY16. EPRA NAV was up by 5.4% to 504p (vs 478p in FY16). The board proposed an interim dividend of 5.25p per share, up by 5% from the previous year. The group’s property portfolio was valued at £7.3bn at H1 17 (+4.9% lfl), of which a £
16 Aug 2017
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SEGRO plc (SGRO:LON) | 841 107.6 1.5% | Mkt Cap: 11,254m
- Published:
16 Aug 2017 -
Author:
Alda Kule Dale -
Pages:
3
Segro posted its first half 2017 results. Adjusted EPS was up by 3.2% to 9.7p against 9.4p yoy, incorporating the new shares issued in the March rights issue. The vacancy rate remains low at 5.5% against 5.7% in FY16. LTV stood at 29% vs 33% in FY16. EPRA NAV was up by 5.4% to 504p (vs 478p in FY16). The board proposed an interim dividend of 5.25p per share, up by 5% from the previous year. The group’s property portfolio was valued at £7.3bn at H1 17 (+4.9% lfl), of which a £