Hammerson (HMSO)

Sector:

Property Investment Trusts

Index:

FTSE 250

285.60p
   
  • Change Today:
    -1.40p
  • 52 Week High: 322.45
  • 52 Week Low: 220.40
  • Currency: UK Pounds
  • Shares Issued: 530.75m
  • Volume: 293,859
  • Market Cap: £1,515.83m
  • RiskGrade: 385

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
Interim Dividend0.76p0.72p0.20p0.20p0.20p
Final Dividend8.07p0.78pn/a0.20p0.20p
Total Dividend8.83p1.50p0.20p0.40p0.40p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 121.10 134.30 131.40 137.20 145.80
Operating Profit/(Loss) 13.10 (29.40) (52.40) (142.90) (635.60)
Net Interest (55.40) (36.10) (63.00) (97.90) (72.20)
Profit Before Tax (42.30) (65.50) (164.00) (408.00) (1,736.30)
Profit After Tax (44.80) (66.20) (164.20) (409.30) (1,736.80)
Discontinued Operations          
Profit After Tax (481.50) 14.80 n/a (19.80) 1.90
PROFIT FOR THE PERIOD (526.30) (51.40) (164.20) (429.10) (1,734.90)
Attributable to:          
Equity Holders of Parent Company (526.30) (51.40) (164.20) (429.10) (1,734.80)
Minority Interests n/a n/a n/a n/a (0.10)
           
Continuing EPS          
Earnings per Share - Basic (9.00p) (13.30p) (33,000.00p) (83,000.00p) (6,308.77p)
Earnings per Share - Diluted (9.00p) (13.30p) (33,000.00p) (83,000.00p) (6,308.77p)
Earnings per Share - Adjusted 19.90p 23.40p 21,000.00p 13,000.00p 131.22p
Continuing and Discontinued EPS          
Earnings per Share - Basic (106.00p) (10.30p) (33,000.00p) (87,000.00p) (6,298.67p)
Earnings per Share - Diluted (106.00p) (10.30p) (33,000.00p) (87,000.00p) (6,298.67p)
Earnings per Share - Adjusted 19.90p 23.40p 21,000.00p 13,000.00p 131.22p
           
Dividend per Share 15.63p 15.00p 2,000.00p 4,000.00p 40.38p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 7.90 4.80 10.90 5.20 9.00
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 1,487.00 1,396.20 1,461.00 1,561.40 2,152.80
Investments 1,097.40 2,317.00 2,649.30 2,708.30 3,121.70
Other Financial Assets n/a n/a 7.00 18.60 6.60
Other Non-Current Assets 56.40 56.00 58.60 73.80 63.40
  2,648.70 3,774.00 4,186.80 4,367.30 5,353.50
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 87.60 74.10 85.90 84.80 105.90
Cash at Bank & in Hand 737.90 472.30 218.80 315.10 409.50
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 2.20 7.40 44.90 146.70 37.40
  827.70 553.80 349.60 546.60 552.80
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 3,476.40 4,327.80 4,536.40 4,913.90 5,906.30
           
Liabilities          
Current Liabilities          
Borrowings 337.90 108.70 0.20 n/a 115.00
Other Current Liabilities 112.20 132.40 184.90 180.00 208.60
  450.10 241.10 185.10 180.00 323.60
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,176.10 1,553.20 1,684.50 1,871.20 2,185.50
Provisions 0.40 0.40 0.40 0.40 0.40
Other Non-Current Liabilities 28.70 70.50 80.00 116.30 187.90
  1,205.20 1,624.10 1,764.90 1,987.90 2,373.80
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,655.30 1,865.20 1,950.00 2,167.90 2,697.40
           
Net Assets 1,821.10 2,462.60 2,586.40 2,746.00 3,208.90
           
Capital & Reserves          
Share Capital 24.60 250.10 250.10 221.00 202.90
Share Premium Account n/a 1,563.70 1,563.70 1,593.20 1,611.90
Other Reserves 309.60 99.10 126.60 688.20 731.00
Retained Earnings 1,486.90 549.70 646.00 243.50 663.00
Shareholders Funds 1,821.10 2,462.60 2,586.40 2,745.90 3,208.80
           
Minority Interests/Other Equity n/a n/a n/a 0.10 0.10
Total Equity 1,821.10 2,462.60 2,586.40 2,746.00 3,208.90
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 4.50 38.30 69.60 (80.00) (82.40)
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities 475.00 261.30 154.10 (11.40) 253.10
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (211.80) (45.00) (322.70) (363.70) 207.50
Net Increase/Decrease In Cash 267.70 254.60 (99.00) (455.10) 378.20
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 14.1 12.1 0.0 0.0 1.9
PEG - Adjusted n/a n/a 0.0 0.0 n/a
Earnings per Share Growth - Adjusted -15% -100% 62% 9,807% -100%
Dividend Cover 1.27 1.56 10.50 3.25 3.25
Revenue per Share 24.38p 27.02p 2.66p 0.028p 5.25p
Pre-Tax Profit per Share (8.52p) (13.18p) (3.32p) (0.084p) (62.47p)
Operating Margin 10.82% (21.89%) (39.88%) (104.15%) (435.94%)
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 14.1 12.1 0.0 2.5 1.9
PEG - Adjusted n/a n/a 0.0 n/a n/a
Earnings per Share Growth - Adjusted -15% -100% 15,903% 0% -100%
Dividend Cover 1.27 1.56 10.50 0.03 3.25
           
Dividend Yield 5.6% 5.3% 840.3% 1,219.5% 16.2%
Dividend per Share Growth 4.20% (99.25%) (50.00%) 9,806.85% (99.82%)
Operating Cash Flow per Share 0.91p 7.71p 1.41p (1.63p) (0.030p)
Cash Incr/Decr per Share 53.90p 51.22p (2.00p) (0.093p) 13.61p
Net Asset Value per Share (exc. Intangibles) 366.64p 495.39p 52.37p 55.84p 115.46p
Net Gearing 42.62% 48.31% 56.68% 56.67% 58.93%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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.

 

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