Segro PLC (SGRO.L), a property investment and development company, Friday reported profit before tax of 636 million pounds for fiscal 2024 compared with loss before tax of 263 million pounds in the previous year, primarily helped by property gains on the company's portfolio.
Excluding one-time items, adjusted profit before tax increased to 470 million pounds from 409 million pounds a year ago.
The company posted earnings per share of 44.7p compared with loss per share of 20.7p last year, while adjusted EPS rose to 34.5p from 32.7p.
Rental income increased 7 percent to 628 million pounds from 587 million pounds a year ago. On a like-for-like basis, rental income grew 5.8 percent.
Assets under management declined to 20.296 billion pounds from 20.677 billion pounds.
Net asset value per share was 889p, up from 886p last year, and adjusted net asset value per share remained flat at 907p.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.