London · Delayed Price · Currency is GBP · Price in GBX LondonMetric Property Earnings Call Transcripts
Fiscal Year 2026
-
Portfolio value grew 23% year-over-year, driven by major acquisitions and strong rental income growth. Dividend increased for the 11th year, with robust rent collection and sector-leading cost ratios. Strategic refinancing and asset recycling support continued earnings and dividend growth.
-
Net rental income rose 15% year-over-year, supporting a 7% dividend increase and sector-leading cost efficiency. Logistics now comprises 54% of the portfolio, driving strong rental growth, while new M&A and asset recycling have boosted scale and earnings.
Fiscal Year 2025
-
Net rental income more than doubled year-over-year, driving a 21% EPS increase and 18% dividend growth. Strategic acquisitions, cost synergies, and sector focus in logistics and healthcare underpin strong returns and future growth confidence.
-
Transformational acquisitions drove 155% EPRA earnings growth and 19% dividend increase, with strong portfolio performance in logistics and convenience retail. Cost synergies, high occupancy, and disciplined capital allocation underpin continued earnings and dividend growth.
Fiscal Year 2024
-
A transformational year marked by major M&A expanded the portfolio to £6 billion, driving strong income and dividend growth. Logistics remains the core focus, with robust rent collection, disciplined capital allocation, and further rental growth expected.