Land Securities Group (LAND)

Sector:

Property Investment Trusts

Index:

FTSE 100

664.00p
   
  • Change Today:
    -3.50p
  • 52 Week High: 725.20p
  • 52 Week Low: 559.40p
  • Currency: UK Pounds
  • Shares Issued: 744.89m
  • Volume: 431,134
  • Market Cap: £4,946.07m
  • RiskGrade: 178

Income Statement - Normalised

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue 791.00 679.00 635.00 741.00 757.00
           
EBITDA (416.00) 407.00 508.00 497.00 512.00
Depreciation & Amortisation (8.00) (5.00) (5.00) (4.00) n/a
           
Operating Profit/(Loss) (424.00) 402.00 503.00 493.00 512.00
Interest Payable (87.00) (85.00) (76.00) (97.00) (109.00)
Interest Receivable/Investment Income 34.00 25.00 16.00 18.00 26.00
           
Group Profit after Interest (477.00) 340.00 443.00 414.00 429.00
Share of Assoc Cos/JV Profits n/a n/a (192.00) n/a n/a
           
Profit Before Tax (477.00) 340.00 251.00 414.00 429.00
Tax n/a n/a n/a n/a 4.00
           
Profit After Tax (477.00) 340.00 251.00 414.00 433.00
           
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
           
PROFIT FOR PERIOD (477.00) 344.00 251.00 414.00 433.00
           
Attributable to:          
Equity Holders of Parent Company (474.00) 338.00 251.00 414.00 433.00
Minority Interests 3.00 (6.00) n/a n/a n/a
           
Equity Dividends cn/a cn/a cn/a cn/a cn/a
Retained Profit/(Loss) for the Financial Year c(474.00) c338.00 c251.00 c414.00 c433.00


Per Share Record - Normalised 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing EPS          
Earnings per Share - Basic (64.05p) 45.13p 33.92p 55.95p 58.51p
Earnings per Share - Diluted (63.71p) 45.01p 33.87p 55.87p 58.51p
Earnings per Share - Adjusted 50.10p 48.00p 0.34p 55.90p 59.70p
Continuing and Discontinued EPS          
Earnings per Share - Basic (64.05p) 45.68p 0.34p 55.95p 58.51p
Earnings per Share - Diluted (63.71p) 45.55p 0.34p 55.87p 58.51p
Earnings per Share - Adjusted 50.10p 48.00p 0.34p 55.90p 59.70p
           
Dividend per Share 38.60p 37.00p 0.27p 23.20p 45.55p


Key Financals 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Shares in Issue (millions)          
Shares in Issue - Year End 741.54 740.00 751.31 751.31 751.00
Weighted Average 740.00 740.00 740.00 740.00 740.00
Diluted 744.00 742.00 741.00 741.00 740.00
           
Performance Ratios          
Continuing Operations          
Operating Margin (53.60%) 59.20% 79.21% 66.53% 67.64%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing Operations & Discontinued Operations          
Return on Equity (6.77%) 4.27% 0.04% 4.73% 4.36%
           
Financial Status          
Continuing Operations          
Interest Cover - Continuing (4.48) 5.00 4.30 5.27 4.94
Revenue per Share 106.89p 91.76p 0.87p 100.14p 102.30p
Pre-Tax Profit Per Share - Continuing (64.46p) 45.95p 0.34p 55.95p 57.97p
           
Market Data          
Continuing Operations          
Earnings Per Share Growth - Basic n/a 33% -39% -4% n/a
Earnings Per Share Growth - Diluted n/a 33% -39% -4% n/a
PE Ratio - Company Adjusted n/a 17.4 20.3 10.0 15.6
PEG - Company Adjusted n/a 0.5 n/a n/a n/a
Dividend Cover (1.66) 1.22 124.46 2.41 1.28
Continuing Operations & Discontinued Operations          
Earnings per Share - Company Adjusted n/a 13,241% -99% -4% n/a
Earnings per Share - Diluted n/a 13,223% -99% -4% n/a
PE Ratio - Company Adjusted n/a 17.2 2,015.6 10.0 15.6
PEG - Company Adjusted n/a 0.0 n/a n/a n/a
Dividend Cover (1.66) 1.23 1.26 2.41 1.28
           
Market Capitalisation £ (Millions) 4,606.46 5,813.44 5,184.81 4,183.31 6,859.63
Dividend per Share 38.60p 37.00p 0.27p 23.20p 45.55p
Dividend Yield 6.2% 4.7% 0.0% 4.2% 5.0%
Dividend per Share Growth 4.32% 13,476.05% (98.83%) (49.07%) 3.05%

Key

* GAAP

a. Includes discontinued activities

b. Includes preference dividends

c. Not disclosed under IFRS

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

Top of Page