Revenue Profit £m
Adjusted Diluted Earnings Pence per share
Adjusted Diluted Nav Pence per share
(Loss) / Profit Before Tax
Including Valuation Surplus
Ungeared Total Property Return3
Total business return1
Dividend per Share2
- Total Shareholder Return and total business return provide shareholders with the clearest guide to the Group’s progress in financial terms
- We aim to deliver a progressive dividend.
- For further details, see the Business Analysis section included within the half-yearly results.
Combined Portfolio value
We aim to buy assets when values are falling or low, start to develop early in the cycle, work closely with customers during their leases, and sell assets at appropriate points in the cycle.
Our shift to higher quality assets, a longer weighted average unexpired lease term and low development exposure has positioned us well for the current market environment.
We acquire when we see an opportunity to transform under-managed property into a great destination and sell when we see better opportunities elsewhere. We are proactive managers, constantly looking to enhance our space in line with changing needs.
We have sold our secondary shopping centres and standalone foodstores over the past few years, reinvesting the proceeds into a retail and leisure portfolio of destination assets that offer visitors a great experience. As a consequence, we are well-placed to meet the evolving requirements of our customers and consumers.