Today’s FY update indicates that Sigma expects to report an in line FY19e outturn (N+1Se adj. PBT £13.5m), implying that adj. PBT has more than doubled in H2 vs H1. Proactive measures addressed delays experienced in H1 to ensure that development activity in The PRS REIT (“PRSR”) was maintained – completing another >840 units and with >3,300 homes in development at the year end. Sigma expects that the balance of PRSR’s capital will be contracted in Q1&
14 Jan 2020
Earlier delays overcome to deliver in line FY outturn
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Earlier delays overcome to deliver in line FY outturn
- Published:
14 Jan 2020 -
Author:
Andrew Watson -
Pages:
3
Today’s FY update indicates that Sigma expects to report an in line FY19e outturn (N+1Se adj. PBT £13.5m), implying that adj. PBT has more than doubled in H2 vs H1. Proactive measures addressed delays experienced in H1 to ensure that development activity in The PRS REIT (“PRSR”) was maintained – completing another >840 units and with >3,300 homes in development at the year end. Sigma expects that the balance of PRSR’s capital will be contracted in Q1&