Safestore Holdings

SAFE: 853.00 0.00 (0.00%) delayed: 25 Feb 2020, 18:29

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Safestore Holdings Fundamentals

Share Price Information

Name Safestore Holdings
Epic SAFE
Sector Specialty REITs
ISIN GB00B1N7Z094
Activites Safestore Holdings plc is the UK's largest self storage group with 150 stores at 31 October 2019, comprising 122 wholly owned stores in the UK (including 68 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol) and 28 wholly owned stores in the Paris region. Safestore operates more self storage sites inside the M25 and in central Paris than any competitor providing more proximity to customers in the wealthiest and densest UK and French markets.
Index FTSE 250

Key numbers

Latest Share price (p) 0.00 Net gearing (%) 37.52
Market capitalisation (£m) 1,824.51 Gross gearing (%) 39.78
Shares in issue (m) 210.44 Debt ratio 37.53
P/E ratio 13.81 Debt-to-equity ratio 0.91
Total dividends per share (p) 17.50 Assets / equity ratio 1.66
Dividend yield (%) 2.02 Price to book value 2.06
Dividend cover 3.59 ROCE (%) 10.39
Earning per share (p) 62.80 EPS growth (%) -25.59
52-week high / low (p) 886.50 / 572.00 DPS growth (%) 7.69

Results at a glance

Date Type Turnover (£m) Profit (£m) Basic EPS Currency
31 Oct 2019 Full Year 152 132 62.80 GBP
31 Oct 2018 Full Year 144 177 84.40 GBP
31 Oct 2017 Full Year 130 78 37.40 GBP

Dividend history

Period Ex-date Pay-date Net dividend Currency Total for year
H2 Dividend 05 Mar 2020 09 Apr 2020 12.00 GBX 17.50
H1 Dividend 11 Jul 2019 16 Aug 2019 5.50 GBX 0.00
H2 Dividend 07 Mar 2019 10 Apr 2019 11.15 GBX 16.25
H1 Dividend 12 Jul 2018 17 Aug 2018 5.10 GBX 0.00
H2 Dividend 08 Mar 2018 06 Apr 2018 9.80 GBX 14.00
H1 Dividend 13 Jul 2017 18 Aug 2017 4.20 GBX 0.00
H2 Dividend 09 Mar 2017 07 Apr 2017 8.05 GBX 11.65
H1 Dividend 07 Jul 2016 12 Aug 2016 3.60 GBX 0.00
H2 Dividend 10 Mar 2016 08 Apr 2016 6.65 GBX 9.65
H1 Dividend 09 Jul 2015 14 Aug 2015 3.00 GBX 0.00
H2 Dividend 12 Mar 2015 08 Apr 2015 5.30 GBX 7.45

Contact details

Company name Safestore
Address Brittanic House, Stirling Way, Borehamwood WD6 2BT.
Telephone +44 (0)20 8732 1500
Website http://www.safestore.com/

Advisors

Company's broker Citigroup Global Markets
Company's joint broker Evolution Securities
NOMAD Citigroup Global Markets
Registrar Capita Registrars
Auditors PricewaterhouseCoopers LLP
Solicitors Clifford Chance

Directors

Appointed Director Position
23 Mar 2011 Frederic Vecchioli Chief Executive Officer
07 May 2013 Andrew Brian Jones Chief Financial Officer
30 Jun 2009 Alan Stuart Lewis Non-Executive Chairman
01 Nov 2016 William Alder Oliver Non-Executive Director
03 Oct 2013 Ian Stephen Krieger Non-Executive Director
09 Oct 2014 Joanne Louise Kenrick Non-Executive Director
01 Aug 2016 Claire Balmforth Non-Executive Director

Company financials

Assets (£m) 2019 2018 2017
Reporting date 31 Oct 2019 31 Oct 2018 31 Oct 2017
Tangible assets 2 2 2
Intangible asssets and goodwill 0 0 0
Investments and other non-current assets 1,413 1,279 1,065
Total non-current assets 1,415 1,281 1,067
Inventory / work in progress 0 0 0
Trade and other receivables 23 23 24
Cash and equivalents 33 11 66
Other current assets and asset held for resale 0 0 0
Total of all assets 1,471 1,315 1,157
Liabilities (£m) 2019 2018 2017
Short term liabilities 53 52 56
Long term liabilities 532 474 463
Other liabilites / pension etc 0 0 0
Total of all liabilities 585 526 519
Net assets (£m) 2019 2018 2017
Net assets 886 789 638
Equity (£m) 2019 2018 2017
Share capital 2 2 2
Minority interests 0 0 0
Retained earnings 813 713 563
Share premium account 61 61 60
Other equity 10 14 13
Total equity 886 789 638
Cash Flow (£m) 2019 2018 2017
Cash from operating activities 67 61 56
Cashflow before financing 17 -23 43
Increase / decrease in Cash 23 -55 60
Income (£m) 2019 2018 2017
Turnover 152 144 130
Cost of sales 54 52 46
Gross profit 98 92 84
Operating profit 164 198 110
Pre-tax profit 147 185 79
Profit / loss for the year 132 177 78