Earnings Alerts

Derwent London (DLN) Earnings: FY Net Rental Income Aligns with Estimates at GBP189.6 Million

By February 27, 2025 No Comments
  • Derwent London reported a net rental income of GBP189.6 million, slightly below the estimate of GBP190 million.
  • Gross rental income for the company stood at GBP214.8 million.
  • The company’s EPRA net tangible assets per share were reported at GBP31.49, surpassing the estimated GBP30.90.
  • There is a positive rental outlook for 2025, with estimated rental value (ERV) growth guidance set between 3% and 6%.
  • In 2024, the valuation ERV growth rose to 4.3%.
  • Current market sentiment includes 9 buy ratings, 8 hold ratings, and 1 sell rating.

A look at Derwent London Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Derwent London Plc, a real estate investment trust (REIT) specializing in central London properties, is positioned favorably for the long term, as indicated by its Smartkarma Smart Scores. With a top score of 5 in the Value category, Derwent London demonstrates strong fundamentals and attractive pricing relative to its peers. Additionally, its Dividend score of 4 signals a solid dividend-paying potential, enhancing its appeal to income-seeking investors. However, the company scored lower in the Growth category at 2, suggesting moderate growth prospects. Despite this, Derwent London‘s Resilience score of 3 and Momentum score of 3 indicate a balanced performance and stable market position, respectively, supporting a positive outlook for the company in the foreseeable future.

In summary, Derwent London Plc, a prominent player in the central London property market, shows promising indicators for long-term success based on its Smartkarma Smart Scores. With a strong Value score of 5 and robust Dividend score of 4, the company is well-positioned to deliver value to investors. While Growth scored lower at 2, Derwent London‘s Resilience and Momentum scores of 3 each highlight its ability to navigate market challenges and sustain its performance over time. Overall, the company’s focus on commercial, residential, and office developments in central London underscores its strategic positioning for continued growth and stability in the real estate sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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