Land Securities Non-GAAP EPRA EPS of $50.30, net rental income of $552M

1 month ago 2

Land Securities press release (OTCPK:LSGOF): FY Non-GAAP EPRA EPS of 50.30p.
Net rental income of £552M (+0.4% Y/Y).
Group LTV of 38.4% and average net debt/EBITDA of 7.7x pro-forma for disposals since year-end, as long 9.6-year average debt maturity underpins resilience of capital base.
Further LFL growth and efficiency improvements, alongside portfolio rebalancing to enhance long term growth, provides c. 20% EPRA EPS growth potential by FY30, with c. 2-4% growth expected in FY26.

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