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British Land Company

Current Price 391.60p Bid 391.80p Ask 392.20p Change 1.06%
Last Updated: 26/04/2024 11:53. Prices delayed by at least 15 minutes.
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Company Overview

The British Land Company PLC is a United Kingdom-based property company. Its segments include Campuses and Retail & Fulfilment. The Campuses segment is leveraging the Campus proposition to focus on customers in sectors, including science, technology and health. Its three Campuses at Broadgate, Paddington Central and Regent's Place are neighborhoods, attracting growth customers and sectors, and offering some of the connected and sustainable space in London. It is delivering its fourth Campus at Canada Water, where it is planning consent to deliver five-meter square feet of residential, commercial, retail and community space over 53 acres. Retail & Fulfilment segment has a portfolio that is focused on retail parks, which is aligned to the growth of online and last mile fulfilment.

Financial Highlights Year Ended 31/03/2023

Revenue
£418.00m
Operating Profit/Loss
£1,473.00m
Dividend yield (%)
5.90
Total dividend for year
n/ap
Dividend cover
1.25
P/E Ratio
13.70
More Financials

Key Personnel

Mr Tim Score
Chairman
Mr Simon Carter
Chief Finance Officer
Mr Bhavesh Mistry
Chief Financial Officer
Mr Alastair Hughes
Non-Executive Director
Mr Irvinder Goodhew
Non-Executive Director
Mr Loraine Woodhouse
Non-Executive Director
Mr Mark Aedy
Non-Executive Director
Mr Preben Prebensen
Non-Executive Director
Ms Amanda Mackenzie
Non-Executive Director
Ms Laura Wade-Gery
Non-Executive Director
Ms Lynn Gladden
Non-Executive Director
Ms Mary Ricks
Non-Executive Director

Stock Details

EPIC
BLNDL
ISIN
GB0001367019
Shares in Issue
1,028.74m
Market cap
£4,028.56m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
391.60p
Bid Price
391.80p
Ask Price
392.20p
Volume
88,166
Change Today
4.10p
% Change Today
1.06%
Open
391.20p
Previous Close
387.50p
Intraday High
391.60p
Intraday Low
388.80p
52 Week High
414.10p
52 Week Low
292.30p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

More Charts

News

British Land sells 50% stake in former Meta HQ to Royal London 18/03/2024 07:12:13 Shore Cap ups rating on British Land, Derwent 15/03/2024 10:07:25 British Land to steal chair from Marston's 11/03/2024 07:22:13 Morgan Stanley upgrades Landsec to 'overweight' 05/02/2024 09:34:38 Berenberg starts British Land and Land Securities at 'buy' 11/01/2024 10:39:53 Goldman upgrades Landsec, British Land 05/12/2023 07:56:44 British Land bullish on rental guidance after solid first half 13/11/2023 08:05:17 London close: Stocks finish choppy session in the red 27/09/2023 14:13:58 Jefferies cuts Reit ratings as office vacancies mount 27/09/2023 11:51:27 Broker tips: Burberry, Whitbread, REITs 26/09/2023 13:06:52 Morgan Stanley sees 'compelling' opportunity with UK property stocks 26/09/2023 09:24:15 British Land upbeat as leasing activity picks up in Q2 26/09/2023 07:28:52 British Land upgrades guidance on retail park assets 19/09/2023 09:34:30 Sunday newspaper round-up: Labour, British Land, Rolls-Royce 17/09/2023 22:39:44 JP Morgan downgrades British Land on falling London values 04/09/2023 08:05:01 British Land sees strong performance despite economic uncertainty 11/07/2023 07:15:07 Broker tips: Hammerson, Lloyds, British Land, Landsec 09/06/2023 14:02:17 RBC Capital cuts British Land price target, ups PT on Landsec 09/06/2023 11:09:34 Director dealings: National Express board invests, British Land CFO makes £0.1m sale 02/06/2023 12:16:53 Director dealings: British Land CEO sells down, Ashley settles more Frasers options 25/05/2023 13:26:31 Sunday share tips: British Land, Land Securities 21/05/2023 16:06:12 British Land portfolio value dented by higher interest rates 17/05/2023 08:05:50

Income Statement

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
418.00
412.00
Operating Profit/Loss
1,473.00
845.00
Net Interest
28.00
5.00
Pre-Tax Profit
-1,034.00
963.00
Profit After Tax from continuing operations
-1,039.00
965.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-1,039.00
965.00
Attributable to:
Equity Holders of Parent Company
-1,038.00
963.00
Minority Interests
-1.00
2.00
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2023
31 Mar 2022
Basic
-112.00p
103.80p
Diluted
-112.00p
103.50p
Adjusted
28.30p
27.00p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
22.00
27.00
Intangible Assets
n/a
n/a
Investment Properties
2,264.00
2,562.00
Investments
5,677.00
7,032.00
Other Financial Assets
n/a
n/a
Other Non-Current Assets
144.00
97.00
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
34.00
60.00
Cash at Bank & In Hand
125.00
111.00
Current Asset Investments
n/a
n/a
Other Current Assets
24.00
21.00
Other Assets
n/a
n/a
Total Assets
8,290.00
9,910.00

Liabilities

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
402.00
189.00
Other Current Liabilities
282.00
278.00
Total Current Liabilities
684.00
467.00
Non-Current Liabilities
Borrowings
1,865.00
2,427.00
Provisions
4.00
n/a
Other Non-Current Liabilities
212.00
248.00
Total Non-Current Liabilities
2,081.00
2,675.00
Other Liabilities
n/a
n/a
Total Liabilities
2,765.00
3,142.00

Net Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Net Assets
5,525.00
6,768.00

Capital & Reserves

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Share Capital
234.00
234.00
Share Premium Account
1,308.00
1,307.00
Other Reserves
228.00
218.00
Retained Earnings
3,742.00
4,994.00
Shareholders Funds
5,512.00
6,753.00
Minority Interests/Other Equity
13.00
15.00
Total Equity
5,525.00
6,768.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
23 Nov 2023
05 Jan 2024
12.16p
Final
22 Jun 2023
28 Jul 2023
11.04p
Interim
24 Nov 2022
06 Jan 2023
11.60p
Final
23 Jun 2022
29 Jul 2022
11.60p
Interim
25 Nov 2021
07 Jan 2022
10.32p
Final
24 Jun 2021
06 Aug 2021
6.64p
Interim
07 Jan 2021
19 Feb 2021
8.40p
Q2
02 Jan 2020
07 Feb 2020
7.9825p
Q1
03 Oct 2019
08 Nov 2019
7.9825p
Q4
27 Jun 2019
02 Aug 2019
7.75p
Q3
28 Mar 2019
03 May 2019
7.75p
Q2
03 Jan 2019
08 Feb 2019
7.75p
Q1
04 Oct 2018
09 Nov 2018
7.75p
Q4
28 Jun 2018
03 Aug 2018
7.52p
Q3
29 Mar 2018
04 May 2018
7.52p
Q2
04 Jan 2018
09 Feb 2018
7.52p
Q1
05 Oct 2017
10 Nov 2017
7.52p
Q4
29 Jun 2017
04 Aug 2017
7.30p
Q3
30 Mar 2017
05 May 2017
7.30p
Q2
05 Jan 2017
10 Feb 2017
7.30p
Q1
06 Oct 2016
11 Nov 2016
7.30p
Q4
30 Jun 2016
05 Aug 2016
7.09p
Q3
31 Mar 2016
06 May 2016
7.09p
Q2
07 Jan 2016
12 Feb 2016
7.09p
Q1
01 Oct 2015
06 Nov 2015
7.09p
Q4
02 Jul 2015
07 Aug 2015
6.92p
Q3
26 Mar 2015
06 May 2015
6.92p
Q2
08 Jan 2015
13 Feb 2015
6.92p
Q1
01 Oct 2014
07 Nov 2014
6.92p
Interim
17 Jan 2007
16 Feb 2007
5.60p
Interim
17 Jan 2007
16 Feb 2007
5.60p
Interim
17 Jan 2007
16 Feb 2007
5.60p
Interim
17 Jan 2007
16 Feb 2007
5.60p
Interim
17 Jan 2007
16 Feb 2007
5.60p
Final
19 Jul 2006
18 Aug 2006
11.80p
Final
19 Jul 2006
18 Aug 2006
11.80p
Final
19 Jul 2006
18 Aug 2006
11.80p
Final
19 Jul 2006
18 Aug 2006
11.80p
Final
19 Jul 2006
18 Aug 2006
11.80p

Dividend Metrics

Year End Date
31 Mar 2023
31 Mar 2022
Dividend growth
3.28%
45.74%
Dividend yield
5.90%
4.10%
Dividend cover
1.25
1.23


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