Safestore Holdings Plc (LON:SAFE)
London · Delayed Price · Currency is GBP · Price in GBX 626.50
-2.00 (-0.32%)
Aug 7, 2026, 4:53 PM GMT
Safestore Holdings Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew 4.9% year-on-year, with EBITDA up 1.2% and a 1% dividend increase. Expansion and technology investments position the business for future earnings growth, as cost headwinds ease and new store dilution fades.
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Revenue grew 4% at constant forex in H1 2025, led by 17% growth in expansion markets and stable performance in mature markets. EBITDA dipped 1% due to inflation and investments, but cost actions and a robust development pipeline support future growth.
Fiscal Year 2024
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Revenue and EPS declined due to inflation and new store costs, but cash generation and dividends remain strong. Expansion in Europe, especially Italy, and a robust development pipeline are set to drive future growth, despite ongoing cost pressures.