Derwent London Past Earnings Performance

We're still processing the latest earnings report of this company

Past criteria checks 0/6

Derwent London's earnings have been declining at an average annual rate of -61.8%, while the Office REITs industry saw earnings growing at 0.07% annually. Revenues have been growing at an average rate of 3.1% per year.

Key information

-61.8%

Earnings growth rate

-61.8%

EPS growth rate

Office REITs Industry Growth	4.8%
Revenue growth rate	3.1%
Return on equity	-10.5%
Net Margin	-129.5%
Next Earnings Update	27 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Derwent London makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:DVK Revenue, expenses and earnings (GBP Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	279	-361	42
31 Mar 24	273	-419	42
31 Dec 23	268	-476	43
30 Sep 23	265	-518	42
30 Jun 23	262	-559	41
31 Mar 23	257	-420	39
31 Dec 22	251	-280	37
30 Sep 22	241	-7	37
30 Jun 22	232	267	36
31 Mar 22	230	260	38
31 Dec 21	228	252	39
30 Sep 21	249	152	43
30 Jun 21	270	52	47
31 Mar 21	269	-13	48
31 Dec 20	269	-78	48
30 Sep 20	254	32	45
30 Jun 20	239	142	41
31 Mar 20	235	213	39
31 Dec 19	231	283	37
30 Sep 19	224	252	36
30 Jun 19	217	220	34
31 Mar 19	223	221	33
31 Dec 18	229	222	32
30 Sep 18	228	262	31
30 Jun 18	227	302	31
31 Mar 18	215	308	29
31 Dec 17	204	314	28
30 Sep 17	198	210	28
30 Jun 17	192	107	28
31 Mar 17	193	83	30
31 Dec 16	194	59	31
30 Sep 16	204	263	31
30 Jun 16	215	468	31
31 Mar 16	208	617	30
31 Dec 15	202	766	30
30 Sep 15	194	768	30
30 Jun 15	187	770	30
31 Mar 15	183	754	29
31 Dec 14	180	738	28
30 Sep 14	172	672	28
30 Jun 14	165	607	28
31 Mar 14	163	532	27
31 Dec 13	162	457	27

Quality Earnings: DVK is currently unprofitable.

Growing Profit Margin: DVK is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DVK is unprofitable, and losses have increased over the past 5 years at a rate of 61.8% per year.

Accelerating Growth: Unable to compare DVK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DVK is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (-11.7%).

Return on Equity

High ROE: DVK has a negative Return on Equity (-10.55%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 05:06
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Derwent London Plc is covered by 40 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Paul May	Barclays
Aaron Guy	Barclays
Miranda Cockburn	Berenberg

Derwent London Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Derwent London Plc to Report Fiscal Year 2025 Results on Feb 26, 2026

First half 2024 earnings released: UK£0.24 loss per share (vs UK£1.28 loss in 1H 2023)

Full year 2023 earnings released: UK£4.24 loss per share (vs UK£2.50 loss in FY 2022)

Full year 2023 earnings released: UK£4.24 loss per share (vs UK£2.50 loss in FY 2022)

Derwent London Plc to Report Q1, 2024 Results on May 09, 2024

Derwent London Plc to Report Fiscal Year 2023 Results on Feb 28, 2024

Recent updates

Derwent London Plc to Report Fiscal Year 2025 Results on Feb 26, 2026

Insufficient new directors

Derwent London plc Appoints Madeleine McDougall as Independent Non-Executive Director, Effective November 1, 2024

Upcoming dividend of UK£0.25 per share

First half dividend of UK£0.25 announced

First half 2024 earnings released: UK£0.24 loss per share (vs UK£1.28 loss in 1H 2023)

Now 21% overvalued after recent price rise

Derwent London plc Appoints Rob Wilkinson as Non-Executive Director, Member of the Nominations and Audit Committees, Effect from 1 June 2024

Upcoming dividend of UK£0.55 per share

Full year 2023 earnings released: UK£4.24 loss per share (vs UK£2.50 loss in FY 2022)

Insufficient new directors

Final dividend of UK£0.55 announced

Derwent London Plc Announces Final Dividend, Payable on 31 May 2024

Full year 2023 earnings released: UK£4.24 loss per share (vs UK£2.50 loss in FY 2022)

Derwent London Plc to Report Q1, 2024 Results on May 09, 2024

Derwent London Plc to Report Fiscal Year 2023 Results on Feb 28, 2024

Derwent London Plc to Report First Half, 2023 Results on Aug 08, 2024

Derwent London Plc(LSE:DLN) dropped from FTSE All-World Index (USD)

Upcoming dividend of UK£0.24 per share at 4.3% yield

First half 2023 earnings released: UK£1.28 loss per share (vs UK£1.21 profit in 1H 2022)

Now 23% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Derwent London Plc to Report Q1, 2023 Results on May 04, 2023

Upcoming dividend of UK£0.55 per share at 3.3% yield

Full year 2022 earnings released: UK£2.50 loss per share (vs UK£2.25 profit in FY 2021)

Full year 2022 earnings released: UK£2.50 loss per share (vs UK£2.25 profit in FY 2021)

An unknown family office advised by Morgan Capital and BNF Capital Limited acquired 63,170 sq ft freehold interest in 19 Charterhouse Street EC1 from Derwent London Plc (LSE:DLN) for £54 million.

An unknown family office advised by Morgan Capital and BNF Capital Limited acquired 63,170 sq ft freehold interest in 19 Charterhouse Street EC1 from Derwent London Plc (LSE:DLN) for £54 million.

Derwent London Plc to Report First Half, 2023 Results on Aug 10, 2023

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.24 per share

First half 2022 earnings released

Derwent London Plc Proposes Interim Dividend, Payable on October 14, 2022

Derwent London plc Appoints Philippa Davies to Executive Committee

An unknown buyer acquired Bush House, South West Wing WC2 from Derwent London Plc (LSE:DLN) for £85 million.

Investor sentiment improved over the past week

Derwent London Plc (LSE:DLN) exchanged a conditional contract to acquire the freehold of City Road Island EC1 from Institute of Ophthalmology, University College London and Moorfields Eye Hospital NHS Foundation Trust for £239 million.

Upcoming dividend of UK£0.54 per share

Full year 2021 earnings released: EPS: UK£2.25 (vs UK£0.69 loss in FY 2020)

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Derwent London Plc Proposes Final Dividend, Payable on 1 June 2022

Un unknown buyer acquired New River Yard EC1 in London from Derwent London Plc (LSE:DLN) for £67.5 million.

Un unknown buyer acquired New River Yard EC1 in London from Derwent London Plc (LSE:DLN) for £67.5 million.

Upcoming dividend of UK£0.23 per share

First half 2021 earnings released: EPS UK£1.07 (vs UK£0.085 loss in 1H 2020)

Derwent London Plc (LSE:DLN) acquired Two west end properties in London's Knowledge Quarter from Lazari Investments Ltd.

Derwent London Plc (LSE:DLN) acquired South West Wing of Bush House for £13.5 million.

Tishman Speyer Properties, L.P. agreed to acquire Angel Square, Islington EC1 from Derwent London Plc (LSE:DLN) for £86.5 million.

Founder & Non-Executive Chairman John Burns has left the company

Upcoming dividend of UK£0.52 per share

Full year 2020 earnings released: UK£0.69 loss per share (vs UK£2.54 profit in FY 2019)

Full year 2020 earnings released: UK£0.69 loss per share (vs UK£2.54 profit in FY 2019)

Derwent London plc Proposes Final Dividend for the Year 2020, Payable on June 4, 2021

Derwent London Plc, Annual General Meeting, May 14, 2021

New 90-day high: €36.24

Derwent London plc Appoints Mark Breuer as Non-Executive Director of the Company, Effective 1 February 2021

Derwent London plc Appoints Emily Prideaux as Executive Director, with Effect from 1 March 2021

Eurazeo Patrimoine signed a contract to acquire 192,700 sq ft freehold interest in Johnson Building, 77 Hatton Garden and 5-7 St Cross Street EC1 from Derwent London Plc (LSE:DLN) for £170 million.

Founder & Non-Executive Chairman recently sold €6.0m worth of stock

Derwent London Plc to Report Fiscal Year 2020 Results on Feb 25, 2021

New 90-day high: €35.16

Market bids up stock over the past week

Winten Limited cancelled its unsolicited takeover proposal to acquire the remaining 97.13% stake in Derwent Valley Holdings plc for approximately £397.95 million.

New 90-day low - €29.32

Earnings released

WestInvest ImmoValue, a fund managed by Deka Immobilien GmbH completed the acquisition of 40 Chancery Lane WC2 in London from Derwent London Plc (LSE:DLN).

Lloyd Dorfman and family exchanged contracts to acquire 2 & 4 Soho Place from Derwent London Plc (LSE:DLN) for £40.5 million.