Financial Review 2017

201720162015
Profit after tax£43m£65m£69m
Dividend cover115%112%117%
Net assets£442m£417m£370m
Earnings per share 7.9p12.0p15.4p
Total Shareholder Return25.6%1.9%32.3%
Property valuation£624m£646m£533m

Operational Highlights

  • Positive results against an uncertain economic backdrop
  • Stronger balance sheet and lower finance costs
  • Positive valuation and income growth
  • Maintained focus on asset management
  • Continue to outperform MSCI quarterly benchmark
  • Ongoing repositioning of portfolio