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Grainger Plc FY Adj. Pretax Profit Slightly Declines - Quick Facts

Grainger plc (GRI.L) reported profit before tax of 110.8 million pounds for the year ended 30 September 2020 compared to 131.3 million pounds, previous year. Earnings per share was 14.2 pence compared to 19.8 pence. Adjusted pretax profit declined to 81.8 million pounds from 82.5 million pounds. Adjusted earnings per share was 10.2 pence compared to 11.5 pence.

Fiscal year Group revenue declined to 214.0 million pounds from 222.8 million pounds, last year. Net rental income increased by 16% to 73.6 million pounds. Like-for-like rental growth remained at 3.0%, for the period.

The Group proposed final dividend of 3.64 pence per share. This equates to a total dividend for the year of 5.47 pence per share, a 5% increase on a per share basis compared to the prior year.

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