From Financial Modeling Prep: 2025-05-16 17:00:00

Land Securities Group Plc, trading as LSGOF, reported an EPS of $0.32 and revenue of $482.1 million, meeting estimates. The company saw a 5% increase in like-for-like net rental income and achieved a profit before tax of £393 million, with a high occupancy rate of 97.2%. CEO Mark Allan and CFO Vanessa Simms highlighted strong leasing momentum, supported by an 8% increase in rents on relettings. Strategic plans include reallocating funds for new retail investments and a residential platform by 2030. Net debt has risen to £4.3 billion, with a loan-to-value ratio of 39.3% and a current ratio of 0.42.



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