UK's Derwent London drops on lower first-half earnings

Derwent London

12/08/2025 08:56

** Shares of property investment and development firm Derwent London DLN.L down 3.1% at 1,860 pence

** Stock is top loser on FTSE mid-caps .FTMC index, which is up 0.3%

** Co posts H1 EPRA EPS down 0.9%, with a small decline in net rental income, partially offset by lower administrative expenses

** Reiterates 2025 rental guidance of 3% to 6%

** "We expect consensus NAV to drift down 1-2%," analysts at Peel Hunt say

** Including session moves, DLN down ~5%, FTMC up ~7% YTD

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))