Derwent London Full Year 2022 Earnings: UK£2.50 loss per share (vs UK£2.25 profit in FY 2021)

Derwent London (LON:DLN) Full Year 2022 Results

Key Financial Results

• Revenue: UK£194.6m (down 14% from FY 2021).
• Net loss: UK£280.5m (down by 211% from UK£252.3m profit in FY 2021).
• UK£2.50 loss per share (down from UK£2.25 profit in FY 2021).

DLN Net Asset Value

• Net asset value (NAV) per share: UK£36.29 (down 8.3% from FY 2021).
  • The current share price is 29% lower than NAV per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Derwent London Earnings Insights

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the REITs industry in the United Kingdom.

Performance of the British REITs industry.

The company's shares are up 1.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Derwent London that you should be aware of.

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