Segro plc (REIT) (SGRO) Earnings Dates, Call Summary & Reports

Q: When does Segro plc (REIT) (GB:SGRO) report earnings?

Segro plc (REIT) (GB:SGRO) is schdueled to report earning on Jul 23, 2026, TBA (Confirmed).

Q: What is Segro plc (REIT) (GB:SGRO) earnings time?

Segro plc (REIT) (GB:SGRO) earnings time is at Jul 23, 2026, TBA (Confirmed).

Q: Where can I see when companies are reporting earnings?

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

Q: What companies are reporting earnings today?

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

Q: What is the P/E ratio of Segro plc (REIT) stock?

The P/E ratio of {name} is N/A.

Q: What is GB:SGRO EPS forecast?

GB:SGRO EPS forecast for the fiscal quarter 2026 (Q2) is 0.2.

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Earnings Data

Report Date

Jul 23, 2026

TBA (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.2

Last Year’s EPS

0.18

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 7 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 20, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presented a broadly positive operational and financial story: record leasing (GBP 99m), strong like‑for‑like rental growth (6%), improved EPS and dividends (~6%), better valuations, high occupancy and a robust data center land/power platform that materially expands growth optionality. Challenges flagged were primarily execution and timing (H1 pre‑let weakness), subdued investment markets affecting disposals, regionally uneven rental/value trends (notably in parts of Eastern Europe and some London submarkets), and the higher complexity/capital intensity of fully fitted data centers which will require JV/project financing and active capital recycling. Overall, the positives around leasing momentum, disciplined balance sheet, development yield targets and the strategic data center pipeline outweigh the near‑term challenges and execution risks.

Company Guidance

Guidance from the call emphasised a material development-led growth phase: 2026 development CapEx is guided at EUR 450–550m (including ~EUR 150m of infrastructure for logistics parks and data‑centre power upgrades), with disposals expected at or above the upper end of the long‑term 1–2% p.a. run‑rate to recycle capital. Development economics remain attractive (target development yields c.7–8% on total cost, >10% on new CapEx; 2025 average development yield was 8.2%), and SEGRO reiterated medium‑term ERV/rental growth assumptions of 2–4% for Big Box logistics and 3–6% for Urban assets. Near‑term rental upside includes GBP 152m of growth opportunity in the existing portfolio (GBP 99m reversionary potential, ~GBP 53m vacant space), an on‑site development programme representing GBP 53m of potential headline rent (47% already leased) plus a further GBP 9m of advanced pre‑lets, and a wider pipeline/landbank opportunity (GBP 62m near term + GBP 346m wider landbank), which together sit atop a current headline rent base of c. GBP 755m and a stated potential to generate c. GBP 800m of additional rent. Data‑centre ambitions were quantified (powered land >2.5GW: 0.5GW operational, a route to 1.1GW pre‑leasable in ~3 years and a further 900MW defined; Slough has an extra 0.4GW in 2029), with an expectation to bring forward 1–2 data centres p.a., increasingly via fully‑fitted JV structures (SEGRO cash equity typically c. GBP 75–100m per project, funded with project debt) and potential fully‑fitted profits up to ~3x powered‑shell outcomes; fully‑fitted schemes also have a longer income lead time (~+18–24 months vs powered shells). Balance sheet/headline financial guidance remains conservative: LTV c.31%, net debt/EBITDA 8.4x (from 8.6x), average debt maturity ~6 years, ~EUR 1.9bn undrawn facilities, and continued focus on disciplined capital allocation.

Record New Headline Rent

Signed a record GBP 99 million of new headline rent in 2025 (including GBP 33 million of development signings), the highest in the company's history.

Strong Like‑for‑Like and Earnings Growth

Like‑for‑like net rental income grew 6%; adjusted earnings per share increased 6.1%; full year dividend up 6.1% to 31.1p.

Net Rental Income and Profitability

Net rental income increased by 8.6% (EUR 47 million growth); adjusted profit before tax rose 8.3%; EPRA cost ratio improved and administrative expenses reduced by EUR 3 million.

Valuation and NAV Improvements

Portfolio valuation rose by 1% on a like‑for‑like basis (first year both U.K. and Continental Europe positive since 2022); adjusted NAV per share increased 2%; portfolio value EUR 19 billion (at share) with equivalent yield 5.5%.

Occupancy, Reversions and Asset Management

Group occupancy increased to 94.9% (+90 bps); U.K. occupancy 93.1% (+50 bps); achieved GBP 37 million of reversion uplifts and a 36% uplift on rent reviews/renewals (46% in the U.K.); 82% customer retention at break/expiry; over 250 standing‑stock transactions completed.

Continental Europe Outperformance and Development Momentum

Continental Europe occupancy reached 98%; signed over 180 deals in Europe; H2 2025 was the best half for development in Continental Europe with 9 pre‑lets >300,000 sqm and multiple large lettings (e.g., GXO, Primark).

Disciplined Balance Sheet and Liquidity

Loan‑to‑value (LTV) 31%; net debt/EBITDA reduced from 8.6x to 8.4x; average debt maturity 6 years; undrawn RCFs and term facilities ~EUR 1.9 billion; EUR 650 million bond refinance planned using signed term loan and RCF.

Attractive Development Economics

Development yields targeted at 7%–8% on total costs (>=10% on new CapEx basis); invested GBP 413 million into development in 2025 (GBP 387m development CapEx + GBP 26m land); on‑site pipeline represents GBP 53 million of potential headline rent (47% already leased).

Strategic Data Center Platform and Land/Power Pipeline

Established a material data center platform: >2.5 GW of powered land (0.5 GW operational), clear route to 1.1 GW pre‑leaseable in next 3 years and a further 900 MW defined; formed JV with Pure; completed powered shell for Iron Mountain; secured building permit in France; Slough SPZ provides preapproved planning and additional 0.4 GW by 2029.

ESG, People and Community Progress

Reduced carbon intensity, refreshed SBTi‑approved net zero targets, record employee/community volunteering, 54 community projects delivered, and ongoing investment in talent and operating platform.

Segro plc (REIT) (GB:SGRO) 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:SGRO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 23, 2026	2026 (Q2)	0.20 / -	0.181	―	―	―
Feb 20, 2026	2025 (Q4)	0.18 / 0.18	0.176	4.55% (<+0.01)	―	―
Jul 31, 2025	2025 (Q2)	0.17 / 0.18	0.17	6.47% (+0.01)	―	―
Feb 14, 2025	2024 (Q4)	0.17 / 0.18	0.241	-26.97% (-0.07)	―	―
Jul 26, 2024	2024 (Q2)	0.17 / 0.17	0.159	6.92% (+0.01)	―	―
Feb 16, 2024	2023 (Q4)	0.16 / 0.24	0.142	69.72% (+0.10)	―	―
Jul 27, 2023	2023 (Q2)	0.17 / 0.16	0.169	-5.92% (-0.01)	―	―
Feb 17, 2023	2022 (Q4)	0.14 / 0.14	0.153	-7.19% (-0.01)	―	―
Jul 28, 2022	2022 (Q2)	0.16 / 0.17	0.138	22.46% (+0.03)	―	―
Feb 18, 2022	2021 (Q4)	0.11 / 0.15	0.128	19.53% (+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:SGRO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 20, 2026	798.20 p	814.00 p	+1.98%
Jul 31, 2025	635.05 p	637.81 p	+0.43%
Feb 14, 2025	690.87 p	699.86 p	+1.30%
Jul 26, 2024	859.31 p	844.91 p	-1.68%

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 Segro plc (REIT) (GB:SGRO) report earnings?

Segro plc (REIT) (GB:SGRO) is schdueled to report earning on Jul 23, 2026, TBA (Confirmed).

What is Segro plc (REIT) (GB:SGRO) earnings time?

Segro plc (REIT) (GB:SGRO) earnings time is at Jul 23, 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 Segro plc (REIT) stock?

The P/E ratio of Segro plc (REIT) is N/A.

What is GB:SGRO EPS forecast?

GB:SGRO EPS forecast for the fiscal quarter 2026 (Q2) is 0.2.