The earnings call highlighted several positive developments, including improved conversion rates, a higher NPS, and successful cost reductions, which indicate progress in strategic initiatives. However, these are balanced by significant challenges such as decreased occupancy, valuation drops, and a loss before tax, reflecting ongoing operational difficulties.

Company Guidance

In the recent call, Workspace provided several key metrics reflecting their fiscal performance and strategic progress. During the first half of the fiscal year, like-for-like occupancy fell by 2.5%, largely due to large customers leaving, which impacted rental income, down 2.9% to GBP 58.7 million. Despite the decline, Workspace managed to reduce administrative expenses by 5.6%, translating to annualized savings of GBP 2 million, and maintained a flat dividend of 9.4p per share. The company also reported a Net Promoter Score (NPS) increase by 14 points to 47, showcasing improved customer satisfaction. The inquiry-to-deal conversion ratio rose to 16%, with October alone seeing a 17% conversion rate. Trading profit after interest decreased by 6.4% to GBP 30.6 million, while adjusted underlying earnings per share fell to 15.8p. Workspace remains focused on their "Fix, Accelerate, and Scale" strategy, aiming to stabilize and rebuild occupancy while emphasizing customer retention and leveraging AI to enhance operational efficiency.

Improvement in Conversion Rates

Conversion rate increased by 1% year-on-year to 16%, and further improved to 17% in October.

Net Promoter Score Increase

NPS increased by 14 points to plus 47, indicating improved customer satisfaction.

Cost Reduction Achievements

Administrative expenses reduced by 5.6%, roughly GBP 2 million annualized.

Successful Facility Refinancing

Refinanced GBP 200 million of bank facilities and extended the maturity of a further GBP 215 million, providing significant flexibility.

Strategic Disposal of Non-Core Assets

Disposed of GBP 52 million in assets, in line with book value, as part of a two-year target of GBP 200 million.

Workspace Group plc R.E.I.T. (GB:WKP) 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:WKP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jun 10, 2026	2026 (Q4)	- / -	-0.025	―	―	―
Nov 19, 2025	2026 (Q2)	0.12 / 0.16	0.169	-6.51% (-0.01)	―	―
Jun 05, 2025	2025 (Q4)	- / -0.03	-0.233	89.27% (+0.21)	―	―
Nov 22, 2024	2025 (Q2)	0.17 / 0.17	0.161	4.97% (<+0.01)	―	―
Jun 05, 2024	2024 (Q4)	- / -0.23	-0.384	39.32% (+0.15)	―	―
Nov 21, 2023	2024 (Q2)	0.17 / 0.16	0.153	5.23% (<+0.01)	―	―
May 25, 2023	2023 (Q4)	- / -0.38	0.666	-157.66% (-1.05)	―	―
Nov 15, 2022	2023 (Q2)	0.15 / 0.15	0.12	27.50% (+0.03)	―	―
Jul 14, 2022	2023 (Q1)	- / -	-0.692	―	―	―
Jun 08, 2022	2022 (Q4)	0.26 / 0.67	-0.692	196.24% (+1.36)	―	―

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:WKP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 19, 2025	402.50p	381.00p	-5.34%
Jun 05, 2025	386.62p	380.42p	-1.60%
Nov 22, 2024	503.38p	508.98p	+1.11%
Jun 05, 2024	498.26p	529.00p	+6.17%

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 Workspace Group plc R.E.I.T. (GB:WKP) report earnings?

Workspace Group plc R.E.I.T. (GB:WKP) is schdueled to report earning on Jun 10, 2026, TBA (Confirmed).

What is Workspace Group plc R.E.I.T. (GB:WKP) earnings time?

Workspace Group plc R.E.I.T. (GB:WKP) earnings time is at Jun 10, 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 Workspace Group plc R.E.I.T. stock?

The P/E ratio of Workspace Group plc R.E.I.T. is N/A.

What is GB:WKP EPS forecast?

Currently, no data Available

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