Brief: Shurgard Self Storage FY EBITDA Up At EUR 199.8 Million

Shurgard Self Storage

20/02/2023 07:28

Feb 20 (Reuters) - SHURGARD SELF STORAGE SA  SHUR.BR :
    * FY ALL STORES REVENUE GROWTH AT 11.7% (AT CER) TO EUR
333.0 MLN
    * FY DELIVERED EUR 143.6 MLN ADJUSTED EPRA EARNINGS, GROWTH
OF 15%
    * FY EBITDA EUR 199.8 MLN VS EUR 174.9 MLN
    * ALL-STORE MARGIN ROSE TO 65.8% IN 2022, FROM 64.7% IN 2021
    * TOTAL DIVIDEND FOR THE YEAR EUR 1.17 PER SHARE 
    * 2023 OUTLOOK: ALL-STORE REVENUE GROWTH EXPECTED AT OVER 8%
    * OUTLOOK: ON TRACK TO INCREASE PORTFOLIO BY ABOUT 90,000
SQ.M PER
YEAR BY 2024 AND ADD AROUND 70,000 SQ.M IN 2023
    * R.HAVNER WILL BE REPLACED BY I.MARCUS AS CHAIRMAN OF THE
BOARD 

     
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL2XHhTN
 Further company coverage:  SHUR.BR  
 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com))