Annual NAV rises at St Modwen as it targets more logistics and housing development

Net asset value (NAV) at St Modwen Properties rose 3% in the year to the end of November, but earnings per share and profit were hit.

NAV rose from 470.2p in 2018 to 484.2p last year, but profit fell from £60.5m to £49.5m after £18.5m of exceptional costs, with basic earnings per share coming in at 22.8p. compared to 27.1p in the previous year.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue