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Derwent London : Full Year Results 2020 including 9am call registration


RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020
WELL POSITIONED FOR A CHANGING WORLD
Financial highlights
• Total return of -1.8%, from 6.6% in 2019
• EPRA net tangible assets1 3,812p per share, down 3.7% from 3,957p in December 2019
• Gross rental income of £202.9m, up 5.8% from £191.7m
• Net rental income of £174.3m, down 2.1% from £178.0m, after £14.2m impairment and write-offs
• Rent collection for 2020 now 92% plus 5% under agreed payment plans and 3% granted rent-frees
• EPRA earnings of £111.0m, or 99.2p per share, down 3.8% from 103.1p in 2019
• Proposed final dividend raised 1.9% to 52.45p
• Full year dividend of 74.45p per share from 72.45p, up 2.8%
• Two debt facilities arranged or extended totalling £550m ....

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Investegate |Derwent London PLC Announcements | Derwent London PLC: Directorate Change


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