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Interim results for six months to 30 June 2018

21st August 2018

Empiric Student Property plc (ticker: ESP), the owner and operator of premium student accommodation across the UK, is today reporting its half year results for the six months ended 30 June 2018.

Financial Performance

  • Property valuation: £945.2m
  • NAV per share (basic): 105.54p
  • Gross annualised rent: £66.6m
  • Revenue: £31.3m
  • Gross margin: 62.3%
  • Dividends declared per share: 2.50p
  • Dividend cover: 60.0%
  • Earnings per share (basic): 3.60p
  • EPRA earnings per share (basic): 1.34p
  • Adjusted earnings per share: 1.50p

To see the full announcement please click here.

To access the annual report, please click here.

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The Empiric plc management team has a long track record in the acquisition, development and management of student accommodation assets in the UK.

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