Big Yellow Group Plc (BYG.L) reported that profit attributable to equity shareholders for the year ended 31 March 2013 was 31.88 million pounds, compared to a loss of 35.55 million pounds last year. Earnings per share for the year was 24.1 pence, compared to a loss per share of 27.4 pence in the previous year.
European Public Real Estate Association or EPRA earnings per share based on adjusted profit after tax was up 6% to 19.3 pence from last year's 18.2 pence.
Adjusted profit before tax rose to 25.5 million pounds from last year's 23.6 million pounds.
The Group made a statutory profit before tax for the year of 31.9 million pounds, compared to a loss of 35.6 million pounds last year. The prior year loss reflected the decrease in the valuation of the Group's open stores principally caused by the valuer's assessment of the impact of the imposition of VAT on self storage from 1 October 2012.
Revenue for the year was 69.7 million pounds, an increase of 6% from 65.7 million pounds in the prior year.
The company said its board has recommended the payment of a final dividend of 6 pence per share, taking the total dividend declared for the year to 11 pence per share, compared 10 pence per share paid last year. Subject to approval by shareholders at the Annual General Meeting to be held on 19 July 2013, the final dividend will be paid on 24 July 2013. The ex-div date is 12 June 2013 and the record date is 14 June 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.