Empiric Student Property -- Y/E 2017 results

[MDW1954]

A decent set of results, I thought. I don't hold, but have been considering it. Cheap relative to SP of last few years, too.

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                  As at 31 December 2017   31 December 2016
Portfolio valuation              £890.1m        £721.3m
NAV per share (basic)                104.37p   105.90p
Dividend declared per share        5.55p   3.05p
Gross annualised rent                £65.3m   £52.1m
Adjusted Earnings Per Share       1.86p   0.72p
Revenue                             £51.2m   £19.2m
Earnings Per Share (basic)            3.84p   3.38p
EPRA Earnings Per Share             0.70p   0.38p


MDW1954

[supremetwo]

A decent set of results, I thought. I don't hold, but have been considering it. Cheap relative to SP of last few years, too.
MDW1954

Held back due to Brexit uncertainties related to future numbers of students.

Also property value increases are included in the accounts and these values may well be at peak prices.