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Annual Results

Primary Health Properties posts lower FY profit

16 February 2017 09:29

Primary Health Properties has booked a FY IFRS pretax profit of £43.7m, down from £56.0m. The result included a £20.7m surplus on property revaluation, from £39.8m in the comparative period.

Dividends per share paid during the year rose 2.5% to 5.125p, from 5.0p. Its EPRA net asset value per share rose 3.9% to 91.1p, from 87.7p.

MD Harry Hyman said 2016 was a year of significant milestones for Primary Health Properties.

It secured the largest ever equity issue in its history and expanded outside of the UK, following the acquisition of its first asset in the Republic of Ireland.

At 9:29am: (LON:PHP) Primary Health Properties Plc share price was +0.13p at 107.63p

Story provided by StockMarketWire.com

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