Hammerson (HMSO)

Sector:

Property Investment Trusts

Index:

FTSE 250

316.20p
   
  • Change Today:
    -1.00p
  • 52 Week High: 368.40p
  • 52 Week Low: 267.40p
  • Currency: UK Pounds
  • Shares Issued: 532.05m
  • Volume: 720,683
  • Market Cap: £1,682.33m
  • RiskGrade: 385

Dividend Data

  31-Dec-2531-Dec-2431-Dec-2331-Dec-2231-Dec-21
Interim Dividend7.94p0.76p0.72p0.20pn/a
Final Dividend8.56p8.07p0.78pn/an/a
Total Dividend16.50p8.83p1.50p0.20pn/a
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
Revenue 211.40 121.10 134.30 131.40 137.20
Operating Profit/(Loss) 174.20 4.30 (29.40) (52.40) (142.90)
Net Interest (29.70) (55.40) (36.10) (63.00) (97.90)
Profit Before Tax 233.10 (42.30) (65.50) (164.00) (408.00)
Profit After Tax 232.50 (44.80) (66.20) (164.20) (409.30)
Discontinued Operations          
Profit After Tax n/a (481.50) 14.80 n/a (19.80)
PROFIT FOR THE PERIOD 232.50 (526.30) (51.40) (164.20) (429.10)
Attributable to:          
Equity Holders of Parent Company 232.50 (526.30) (51.40) (164.20) (429.10)
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 46.00p (9.00p) (13.30p) (33,000.00p) (83,000.00p)
Earnings per Share - Diluted 45.80p (9.00p) (13.30p) (33,000.00p) (83,000.00p)
Earnings per Share - Adjusted 46.00p (9.00p) 23.40p 21,000.00p 13,000.00p
Continuing and Discontinued EPS          
Earnings per Share - Basic 46.00p (106.00p) (10.30p) (33,000.00p) (87,000.00p)
Earnings per Share - Diluted 45.80p (106.00p) (10.30p) (33,000.00p) (87,000.00p)
Earnings per Share - Adjusted 46.00p (106.00p) 23.40p 21,000.00p 13,000.00p
           
Dividend per Share 16.50p 15.63p 15.00p 2,000.00p 4,000.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 7.10 7.90 4.80 10.90 5.20
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 2,879.80 1,487.00 1,396.20 1,461.00 1,561.40
Investments 547.40 1,097.40 2,317.00 2,649.30 2,708.30
Other Financial Assets n/a n/a n/a 7.00 18.60
Other Non-Current Assets 55.20 56.40 56.00 58.60 73.80
  3,489.50 2,648.70 3,774.00 4,186.80 4,367.30
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 90.80 87.60 74.10 85.90 84.80
Cash at Bank & in Hand 328.50 737.90 472.30 218.80 315.10
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 22.40 2.20 7.40 44.90 146.70
  441.70 827.70 553.80 349.60 546.60
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 3,931.20 3,476.40 4,327.80 4,536.40 4,913.90
           
Liabilities          
Current Liabilities          
Borrowings 104.40 337.90 108.70 0.20 n/a
Other Current Liabilities 166.90 112.20 132.40 184.90 180.00
  271.30 450.10 241.10 185.10 180.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,531.00 1,176.10 1,553.20 1,684.50 1,871.20
Provisions 0.70 0.40 0.40 0.40 0.40
Other Non-Current Liabilities 33.40 28.70 70.50 80.00 116.30
  1,565.10 1,205.20 1,624.10 1,764.90 1,987.90
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,836.40 1,655.30 1,865.20 1,950.00 2,167.90
           
Net Assets 2,094.80 1,821.10 2,462.60 2,586.40 2,746.00
           
Capital & Reserves          
Share Capital 26.60 24.60 250.10 250.10 221.00
Share Premium Account 132.70 n/a 1,563.70 1,563.70 1,593.20
Other Reserves 325.50 309.60 99.10 126.60 688.20
Retained Earnings 1,610.00 1,486.90 549.70 646.00 243.50
Shareholders Funds 2,094.80 1,821.10 2,462.60 2,586.40 2,745.90
           
Minority Interests/Other Equity n/a n/a n/a n/a 0.10
Total Equity 2,094.80 1,821.10 2,462.60 2,586.40 2,746.00
Cash Flow 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Net Cash Flow From Operating Activities 96.90 4.50 38.30 69.60 (80.00)
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (537.00) 475.00 261.30 154.10 (11.40)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities 28.00 (211.80) (45.00) (322.70) (363.70)
Net Increase/Decrease In Cash (412.10) 267.70 254.60 (99.00) (455.10)
Ratios - based on IFRS 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
PE Ratio - Adjusted 7.2 n/a 12.1 0.0 0.0
PEG - Adjusted n/a n/a n/a 0.0 0.0
Earnings per Share Growth - Adjusted n/a n/a -100% 62% 9,807%
Dividend Cover 2.79 (0.58) 1.56 10.50 3.25
Revenue per Share 41.93p 24.38p 27.02p 2.66p 2.79p
Pre-Tax Profit per Share 46.23p (8.52p) (13.18p) (3.32p) (8.30p)
Operating Margin 82.40% 3.55% (21.89%) (39.88%) (104.15%)
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 7.2 n/a 12.1 0.0 0.0
PEG - Adjusted n/a n/a n/a 0.0 0.0
Earnings per Share Growth - Adjusted n/a n/a -100% 62% 9,807%
Dividend Cover 2.79 (6.78) 1.56 10.50 3.25
           
Dividend Yield 5.0% 5.6% 5.3% 840.3% 1,219.5%
Dividend per Share Growth 5.57% 4.20% (99.25%) (50.00%) 9,806.85%
Operating Cash Flow per Share 19.22p 0.91p 7.71p 1.41p (1.63p)
Cash Incr/Decr per Share (81.73p) 53.90p 51.22p (2.00p) (9.26p)
Net Asset Value per Share (exc. Intangibles) 415.47p 366.64p 495.39p 52.37p 55.84p
Net Gearing 62.39% 42.62% 48.31% 56.68% 56.67%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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