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Hammerson FY12 Profit Plunges - Quick Facts

Hammerson Plc (HMSO.L) Friday reported full-year 2012 pre-tax profit of 93.5 million pounds, down from 302.4 million pounds in last year.

Profit attributable to equity shareholders of the company plunged to 138.4 million pounds or 19.4 pence per share from 335.7 million pounds or 47.3 pence per share last year.

EPRA earnings for the year totaled 20.9 pence per share, up 8.3 percent from 19.3 pence per share last year.

EPRA net asset value was 5.42 pence per share, compared to 5.30 pence per share last year.

Profit from continuing operations decreased to 93.1 million pounds or 12.6 pence per share from 301.7 million pounds or 41.1 pence per share last year.

Profit from discontinued operations totaled 48.7 million pounds or 6.8 pence per share, compared to 43.9 million pounds or 6.2 pence per share last year.

Gross rental income dropped to 297.6 million pounds from 305.9 million pounds last year.

by RTTNews Staff Writer

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