British Land Co (BLND.L) reported first half IFRS profit after tax of 109 million pounds compared to a loss of 61 million pounds, last year. IFRS basic earnings per share was 11.7 pence compared to a loss of 6.6 pence. Underlying profit was 143 million pounds, up 1%. Underlying earnings per share was 15.3 pence compared to 15.2 pence.
Looking forward, the Group now expects fiscal 2025 underlying EPS to be 28.1 pence. The Group reiterated ERV guidance of 3-5% p.a. growth across the portfolio.
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