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Safestore Q4 LFL Revenue In CER Up 5.1% YoY - Quick Facts

Safestore Holdings plc (SAFE.L) reported that its Group revenue for the fourth quarter in CER was up 10.8% and increased 11.2% at actual exchange rates to 56.8 million pounds. Like-for-like Group revenue for the quarter in CER was up 5.1%. Like-for-like occupancy was at 83.1% compared to 85.2%.

As previously guided, the Board anticipates that the business will deliver adjusted EPRA earnings per share for 2021/22 of at least 47 pence.

"Early trading in the new financial year shows solid enquiry and new let growth compared to last year with rates paid by new customers continuing to grow," said Frederic Vecchioli, CEO.

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