Self-storage provider Safestore Holdings plc (SAFE.L) reported a 0.5% rise in fourth-quarter revenues to 57.9 million pounds, with a 1.2% increase at constant exchange rates.
At constant exchange rates, quarterly revenue grew 1.8% year-on-year, excluding £0.6 million of insurance premium tax related to the sale of customer goods insurance in 2023, which was not repeated this year.
Like-for-like Group revenue for the quarter increased 0.7% at CER. Like-for-like closing occupancy was 78.8%, broadly in line with the prior year-end.
The company maintained its guidance for full year Adjusted EPRA Earnings per Share, which are projected to be broadly in line with consensus forecasts.
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