Corporate News

Safestore Q3 LFL Revenue In CER Flat; Sees FY Adj. EPRA EPS Broadly In Line With Consensus

Safestore Holdings plc (SAFE.L) said it has delivered robust trading performance in the third quarter, with improving like-for-Like revenue growth across the Group. Revenue was 56.3 million pounds compared to 56.5 million pounds, last year. Third quarter revenue at CER grew 1.1% year on year excluding 0.6 million pounds of insurance premium tax relating to the sale of customer goods insurance in 2023 not repeated in the current year. Like-for-Like Group revenue for the quarter in CER was flat.

Frederic Vecchioli, CEO, said: "With UK revenue stabilising and with continued growth in Europe we expect adjusted diluted EPRA earnings per share for the full year to be broadly in line with consensus forecasts."

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by RTTNews Staff Writer

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