The group’s NRI stood at £120.9m, or up 4.1% lfl, with the UK outperforming once again the Continent, +6.2% lfl and +1% respectively, EPS was up 6.5% to 9.8p, and the interim dividend is increased by 4% yoy to 5.2p. The combined property portfolio at £5.9bn gained 1.5% (o/w 2.5% in Greater London, 1.2% in Southern Europe and 0.9% in CE). EPRA NAV gained 2.6% to 475p to now only 6% below our 18-months forward expectations. The financial position remains strong with net debt a

26 Jul 2016
H1 16: not bad at all

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H1 16: not bad at all
SEGRO plc (SGRO:LON) | 668 30.7 0.7% | Mkt Cap: 9,036m
- Published:
26 Jul 2016 -
Author:
Alda Kule Dale -
Pages:
2 -
The group’s NRI stood at £120.9m, or up 4.1% lfl, with the UK outperforming once again the Continent, +6.2% lfl and +1% respectively, EPS was up 6.5% to 9.8p, and the interim dividend is increased by 4% yoy to 5.2p. The combined property portfolio at £5.9bn gained 1.5% (o/w 2.5% in Greater London, 1.2% in Southern Europe and 0.9% in CE). EPRA NAV gained 2.6% to 475p to now only 6% below our 18-months forward expectations. The financial position remains strong with net debt a