trending Market Intelligence /marketintelligence/en/news-insights/trending/hXprcnHvZ7wVYQLra_C76w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Derwent logs YOY fall in H1 EPS, agrees £103M sale of London property

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Derwent logs YOY fall in H1 EPS, agrees £103M sale of London property

Derwent London PLC said its International Financial Reporting Standards EPS for the half was £1.18, a decrease from £1.20 in the year-earlier period.

Underlying EPS came to 51.34 pence, compared to 51.77 pence in the year-ago period.

Earnings attributable to equity shareholders totaled £131.8 million, a decline from £134.0 million in the prior-year period.

The company raised its interim dividend 9.9% to 21 pence per share from 19.10 pence per share in the first half of 2018. The dividend will be paid Oct. 18 to shareholders on record as of Sept. 13.

Derwent said it exchanged contracts to sell The Buckley Building in London for £103.0 million before costs, reflecting a 4.8% premium from the asset's December 2018 book value. The property is being sold to clients of CBRE Global Investors. The sale of the 85,100-square-foot property reflects a net yield to the purchaser of 4.43%.