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Land Securities Group

Current Price 623.80p Bid 623.60p Ask 624.20p Change -0.03%
Last Updated: 19/03/2024 08:24. Prices delayed by at least 15 minutes.
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Company Overview

One of the UK's largest property companies, for many years Land Securities was in effect a proxy for the UK quoted property sector. Retail and offices are now its biggest sectors and biggest contributors to rental income. The company also provide property services to more than 2,500 private and public sector clients

Financial Highlights Year Ended 31/03/2023

Revenue
£791.00m
Operating Profit/Loss
£-568.00m
Dividend yield (%)
6.20
Total dividend for year
n/ap
Dividend cover
1.30
P/E Ratio
12.40

Key Personnel

Mr Mark Allan
Chief Executive Officer
Ms Vanessa Simms
Executive Director
Mr Ian Cheshire
Independent Non-Executive Director
Mr Manjiry Tamhane
Independent Non-Executive Director
Mr Miles Roberts
Independent Non-Executive Director
Ms Moni Mannings
Independent Non-Executive Director
Mr Christophe A Evain
Non-Executive Director
Mr James Bowling
Non-Executive Director
Mrs Madeleine Cosgrave
Non-Executive Director
Mr Edward Bonham Carter
Senior Independent Director

Stock Details

EPIC
LANDL
ISIN
GB0031809436
Shares in Issue
790.66m
Market cap
£4,932.14m

Price Summary

Mid Price
623.80p
Bid Price
623.60p
Ask Price
624.20p
Volume
14,634
Change Today
-0.20p
% Change Today
-0.03%
Open
623.20p
Previous Close
624.00p
Intraday High
624.60p
Intraday Low
622.00p
52 Week High
726.80p
52 Week Low
560.60p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
791.00
679.00
Operating Profit/Loss
-568.00
902.00
Net Interest
-53.00
-60.00
Pre-Tax Profit
-622.00
875.00
Profit After Tax from continuing operations
-622.00
875.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-622.00
875.00
Attributable to:
Equity Holders of Parent Company
-619.00
869.00
Minority Interests
-3.00
6.00
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
-83.60p
117.40p
Diluted
-83.60p
117.10p
Adjusted
50.10p
48.00p
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
n/a
n/a
Intangible Assets
6.00
8.00
Investment Properties
9,658.00
11,207.00
Investments
557.00
774.00
Other Financial Assets
n/a
n/a
Other Non-Current Assets
213.00
238.00
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
365.00
368.00
Cash at Bank & In Hand
41.00
146.00
Current Asset Investments
n/a
n/a
Other Current Assets
126.00
154.00
Other Assets
n/a
n/a
Total Assets
10,966.00
12,895.00

Liabilities

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
315.00
541.00
Other Current Liabilities
330.00
331.00
Total Current Liabilities
645.00
872.00
Non-Current Liabilities
Borrowings
3,223.00
4,012.00
Provisions
n/a
n/a
Other Non-Current Liabilities
26.00
20.00
Total Non-Current Liabilities
3,249.00
4,032.00
Other Liabilities
n/a
n/a
Total Liabilities
3,894.00
4,904.00

Net Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Net Assets
7,072.00
7,991.00

Capital & Reserves

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Share Capital
80.00
80.00
Share Premium Account
318.00
317.00
Other Reserves
13.00
9.00
Retained Earnings
6,594.00
7,511.00
Shareholders Funds
7,005.00
7,917.00
Minority Interests/Other Equity
67.00
74.00
Total Equity
7,072.00
7,991.00

Dividend History

Dividend Metrics

Year End Date
31 Mar 2023
31 Mar 2022
Dividend growth
4.32%
13,476.05%
Dividend yield
6.20%
4.70%
Dividend cover
1.30
1.30


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