Hammerson hammered for failing to reward investors with payout
March 09, 2023
|Evening Standard
A WAVE of selling hit Hammerson shares today after the Brent Cross shopping centre business disappointed investors by not including a dividend with 2022 results.
The company, whose portfolio also includes Birmingham’s Bullring and Cabot Circus in Bristol, slumped 8% or 2.4p to 26.9p as the biggest faller in the FTSE 250 index.
Hammerson said footfall recovered to 90% of 2019 levels as it also made progress bolstering the balance sheet with £628 million of disposals to focus the business on key city centre locations. Chief executive Rita-Rose Gagné said Hammerson was now a “better, more agile, and resilient business” as adjusted earnings rose 60% to £105 million.
هذه القصة من طبعة March 09, 2023 من Evening Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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