Helical plc (LON:HLCL)
184.00
-7.40 (-3.87%)
May 1, 2026, 5:40 PM GMT
Helical Earnings Call Transcripts
Fiscal Year 2026
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Profit after tax reached £1.8 million, with EPRA NTA per share up to £3.49 and LTV at 28%. Major office and PBSA projects are progressing well, with strong demand in core London markets and significant capital recycling supporting future growth.
Fiscal Year 2025
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Strong development progress and asset sales drove record-low leverage and a 5.1% rise in EPRA NTA per share. The pipeline is fully funded, with significant future profit potential and a focus on equity-light structures, though dividend payments will remain lumpy.
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Returned to profitability with strong balance sheet, low LTV, and over £100 million profit expected from a funded development pipeline. Major asset sales and strategic JVs position for growth amid a constrained Central London office market.