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Earnings Data
Report Date
Jul 30, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
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
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.
GB:SGRO Earnings History
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 | 773.12 p | 788.43 p | +1.98% |
Jul 31, 2025 | 615.10 p | 617.77 p | +0.43% |
Feb 14, 2025 | 669.16 p | 677.87 p | +1.30% |
Jul 26, 2024 | 832.31 p | 818.37 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 30, 2026, TBA (Confirmed).
What is Segro plc (REIT) (GB:SGRO) earnings time?
Segro plc (REIT) (GB:SGRO) earnings time is at Jul 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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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 0.19.