The earnings call reflects a positive sentiment driven by strong financial performance, high occupancy rates in Campuses, and successful cost control initiatives. While there are challenges such as increased finance costs and development leasing issues, the company's strategic positioning and asset management in Retail Parks and Campuses are yielding significant returns.

Company Guidance

The call provided guidance on several key metrics, indicating a positive outlook for the company. The management highlighted anticipated rental growth of 3% to 5% in both the Prime Offices and Retail Parks sectors, driven by strong occupational fundamentals and constrained supply. They forecasted total accounting returns of 8% to 10% through the cycle, supported by sustainable earnings growth of at least 6% next year and 3% to 6% over the medium term. The underlying profit increased by 8% to GBP 155 million, with underlying EPS up 1% from the previous year. The company also reported a 1.2% rise in property values, contributing to a net tangible asset (NTA) per share increase of 2% to 579p. They maintained focus on capital recycling, aiming to dispose of lower-returning assets and reinvest into higher-returning opportunities, particularly in Retail Parks and Campus developments. The balance sheet remained robust, with a loan-to-value (LTV) ratio of 39.1% and net debt-to-EBITDA at 7.2x, supported by GBP 1.7 billion of undrawn facilities and cash.

Record Occupancy Rates in Campuses

The company's EPRA occupancy has reached 88%, up 5% this half and 10% for the year. Broadgate is practically full, with only one completed floor left to lease.

Strong Financial Performance

Underlying profit increased by 8% to GBP 155 million, and underlying EPS was 15.4p, up 1% from the previous year. Dividend increased by 1%, reflecting the company's policy of paying out 80% of underlying EPS.

Retail Parks Growth and Achievements

Footfall in Retail Parks has grown 13.5% above the UK Retail benchmark over the last 5 years. Recent acquisitions are generating double-digit IRRs, such as Queen Drive Retail Park delivering a 14% IRR since acquisition.

Successful Cost Control Initiatives

Admin costs have been reduced by GBP 5 million or 12% year-on-year, contributing positively to EPS. The company plans to maintain admin costs between GBP 75 million to GBP 76 million for the full year.

British Land Company plc (GB:BLND) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:BLND Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 27, 2026	2026 (Q4)	0.14 / -	0.143	―	―	―
Nov 19, 2025	2026 (Q2)	0.15 / 0.15	0.153	0.65% (<+0.01)	―	―
May 22, 2025	2025 (Q4)	0.13 / 0.14	0.133	7.52% (<+0.01)	―	―
Nov 20, 2024	2025 (Q2)	0.15 / 0.15	0.152	0.66% (<+0.01)	―	―
May 22, 2024	2024 (Q4)	0.13 / 0.13	0.14	-5.00% (>-0.01)	―	―
Nov 13, 2023	2024 (Q2)	0.14 / 0.15	0.145	4.83% (<+0.01)	―	―
May 17, 2023	2023 (Q4)	0.13 / 0.14	0.11	27.27% (+0.03)	―	―
Nov 16, 2022	2023 (Q2)	0.13 / 0.14	0.129	12.40% (+0.02)	―	―
May 18, 2022	2022 (Q4)	0.13 / 0.11	0.101	8.91% (<+0.01)	―	―
Nov 17, 2021	2022 (Q2)	0.07 / 0.13	0.105	22.86% (+0.02)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:BLND Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 19, 2025	378.60p	375.80p	-0.74%
May 22, 2025	400.55p	378.75p	-5.44%
Nov 20, 2024	362.48p	357.38p	-1.41%
May 22, 2024	362.76p	370.47p	+2.13%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does British Land Company PLC (GB:BLND) report earnings?

British Land Company PLC (GB:BLND) is schdueled to report earning on May 27, 2026, TBA (Confirmed).

What is British Land Company PLC (GB:BLND) earnings time?

British Land Company PLC (GB:BLND) earnings time is at May 27, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of British Land Company PLC stock?

The P/E ratio of British Land Company plc is N/A.

What is GB:BLND EPS forecast?

GB:BLND EPS forecast for the fiscal quarter 2026 (Q4) is 0.14.

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