Brief: Grainger On Track To Grow Earnings By 35% From FY25 To FY29
BRIEF-Grainger On Track To Grow Earnings By 35% From FY25 To FY29 Sept 7 (Reuters) - Grainger PLC GRI.L:
GRAINGER PLC - TRADING UPDATE FOR THE 11 MONTHS TO END OF AUGUST
GRAINGER - ON TRACK TO GROW EARNINGS BY 35% FROM FY25 TO FY29
GRAINGER - OCCUPANCY REMAINS HIGH AT OVER 96% FOR THE 11 MONTHS TO END OF AUGUST
GRAINGER - PLANS TO REDUCE NET DEBT BY £300-£350M BY END OF FY29
GRAINGER - FOR 11 MONTHS TO END OF AUGUST LIKE-FOR-LIKE BTR RENTAL GROWTH AT 3% IN LINE WITH GUIDANCE
GRAINGER - £2.4M OF CENTRAL COSTS REMOVED AT BEGINNING OF FINANCIAL YEAR AND TARGETING FURTHER C.£2M OF SAVINGS TO BE DELIVERED DURING FY27
Source text: ID:nRSG5144Ta
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