Safestore increases its 2017 final dividend by 21.7%

DividendMax Ltd.

Safestore increases its 2017 final dividend by 21.7%

Safestore 2017 final results

Highlights

Strong Financial Performance

Group revenue for the year up 12.6% (10.0% in CER)

Like-for-like Group revenue for the year in CER up 3.3%

o UK up 3.1%

o Paris up 4.0%

Underlying EBITDA up 10.7% in CER which, offset by exceptional refinancing costs of £16.3m, drove a reduction in Profit before Tax of 16.9%

Cash Tax Adjusted Earnings per Share up 17.7% at 23.3p

21.7% increase in the final dividend to 9.8p (FY2016: 8.05p)

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