Land Securities Group Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Rental Revenue	890	842	824	791	679	635	Upgrade
Total Revenue	890	842	824	791	679	635	Upgrade
Revenue Growth (YoY	11.95%	2.18%	4.17%	16.50%	6.93%	-14.31%	Upgrade
Property Expenses	355	326	335	291	307	219	Upgrade
Selling, General & Administrative	69	71	73	80	-	-	Upgrade
Depreciation & Amortization	3	4	6	8	-	-	Upgrade
Other Operating Expenses	28	16	1	-	-	-	Upgrade
Total Operating Expenses	452	408	409	377	294	329	Upgrade
Operating Income	438	434	415	414	385	306	Upgrade
Interest Expense	-130	-114	-104	-64	-69	-76	Upgrade
Interest & Investment Income	15	15	12	11	9	15	Upgrade
Income (Loss) on Equity Investments	43	37	2	-1	33	-192	Upgrade
Other Non-Operating Income	-18	-34	-22	-	-	1	Upgrade
EBT Excluding Unusual Items	348	338	303	360	358	54	Upgrade
Merger & Restructuring Charges	-	-	-	-	-8	-	Upgrade
Impairment of Goodwill	-22	-22	-1	-5	-6	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	3	-	2	-	Upgrade
Gain (Loss) on Sale of Assets	-65	-15	-16	-144	107	8	Upgrade
Asset Writedown	-8	91	-628	-827	416	-1,452	Upgrade
Other Unusual Items	3	1	-2	-6	6	-3	Upgrade
Pretax Income	248	393	-341	-622	875	-1,393	Upgrade
Income Tax Expense	-3	-3	-	-	-	-	Upgrade
Earnings From Continuing Operations	251	396	-341	-622	875	-1,393	Upgrade
Minority Interest in Earnings	-2	-	22	3	-6	-	Upgrade
Net Income	249	396	-319	-619	869	-1,393	Upgrade
Net Income to Common	249	396	-319	-619	869	-1,393	Upgrade
Net Income Growth	134.91%	-	-	-	-	-	Upgrade
Basic Shares Outstanding	743	743	741	740	740	740	Upgrade
Diluted Shares Outstanding	747	747	741	740	742	740	Upgrade
Shares Change (YoY)	0.54%	0.81%	0.14%	-0.27%	0.27%	-	Upgrade
EPS (Basic)	0.34	0.53	-0.43	-0.84	1.17	-1.88	Upgrade
EPS (Diluted)	0.33	0.53	-0.43	-0.84	1.17	-1.88	Upgrade
EPS Growth	133.13%	-	-	-	-	-	Upgrade
Dividend Per Share	0.408	0.404	0.396	0.386	0.370	0.270	Upgrade
Dividend Growth	2.00%	2.02%	2.59%	4.32%	37.04%	16.38%	Upgrade
Operating Margin	49.21%	51.54%	50.36%	52.34%	56.70%	48.19%	Upgrade
Profit Margin	27.98%	47.03%	-38.71%	-78.25%	127.98%	-219.37%	Upgrade
EBITDA	441	437	417	417	388	308	Upgrade
EBITDA Margin	49.55%	51.90%	50.61%	52.72%	57.14%	48.50%	Upgrade
D&A For Ebitda	3	3	2	3	3	2	Upgrade
EBIT	438	434	415	414	385	306	Upgrade
EBIT Margin	49.21%	51.54%	50.36%	52.34%	56.70%	48.19%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.