Unite Group (UTG)

Sector:

Property Investment Trusts

Index:

FTSE 100

839.50p
   
  • Change Today:
      4.50p
  • 52 Week High: 993.50
  • 52 Week Low: 788.00
  • Currency: UK Pounds
  • Shares Issued: 488.81m
  • Volume: 506,638
  • Market Cap: £4,103.53m
  • RiskGrade: 154

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
Interim Dividend12.40p11.80p11.00p6.50pn/a
Final Dividend24.90p23.60p21.70p15.60p12.75p
Total Dividend37.30p35.40p32.70p22.10p12.75p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 299.30 276.10 259.30 266.90 215.60
Operating Profit/(Loss) 343.10 118.90 238.00 162.90 119.00
Net Interest (15.00) (43.40) 33.50 (36.00) (81.00)
Profit Before Tax 444.00 102.50 351.90 343.10 (120.10)
Profit After Tax 441.80 103.60 351.80 344.50 (122.20)
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 441.80 103.60 351.80 344.50 (122.20)
Attributable to:          
Equity Holders of Parent Company 441.90 102.50 350.50 342.40 (121.00)
Minority Interests (0.10) 1.10 1.30 2.10 (1.20)
           
Continuing EPS          
Earnings per Share - Basic 96.30p 102.50p 87.70p 85.90p (31.80p)
Earnings per Share - Diluted 96.10p 24.60p 87.60p 85.70p (31.80p)
Earnings per Share - Adjusted 46.60p 44.30p 40.90p 27.60p 25.50p
Continuing and Discontinued EPS          
Earnings per Share - Basic 96.30p 102.50p 87.70p 85.90p (31.80p)
Earnings per Share - Diluted 96.10p 24.60p 87.60p 85.70p (31.80p)
Earnings per Share - Adjusted 46.60p 44.30p 40.90p 27.60p 25.50p
           
Dividend per Share 37.30p 35.40p 32.70p 22.10p 12.75p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 4.70 1.70 2.70 3.60 4.30
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 4,548.70 3,953.70 3,916.40 3,516.90 3,903.70
Investments 1,265.00 1,219.00 1,226.60 1,044.10 849.00
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 69.00 74.30 92.30 21.90 23.80
  5,887.40 5,248.70 5,238.00 4,586.50 4,780.80
Current Assets          
Inventories 13.60 26.20 12.80 12.10 8.80
Trade & Other Receivables 144.60 132.80 105.20 108.80 104.00
Cash at Bank & in Hand 274.30 37.50 37.90 109.40 338.30
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 7.40 n/a n/a 234.30 n/a
  439.90 196.50 155.90 464.60 451.10
           
Other Assets 92.60 25.70 n/a n/a n/a
Total Assets 6,419.90 5,470.90 5,393.90 5,051.10 5,231.90
           
Liabilities          
Current Liabilities          
Borrowings 6.00 304.80 4.80 4.90 4.40
Other Current Liabilities 261.80 212.40 221.80 237.90 163.10
  267.80 517.20 226.60 242.80 167.50
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,340.60 860.60 1,353.40 1,253.90 1,786.60
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities n/a n/a n/a n/a 17.80
  1,340.60 860.60 1,353.40 1,253.90 1,804.40
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,608.40 1,377.80 1,580.00 1,496.70 1,971.90
           
Net Assets 4,811.50 4,093.10 3,813.90 3,554.40 3,260.00
           
Capital & Reserves          
Share Capital 122.20 109.40 100.10 99.80 99.50
Share Premium Account 2,876.90 2,447.60 2,162.00 2,161.20 2,160.30
Other Reserves 41.60 44.00 46.40 41.80 26.10
Retained Earnings 1,770.80 1,466.00 1,479.00 1,225.00 949.00
Shareholders Funds 4,811.50 4,067.00 3,787.50 3,527.80 3,234.90
           
Minority Interests/Other Equity n/a 26.10 26.40 26.60 25.10
Total Equity 4,811.50 4,093.10 3,813.90 3,554.40 3,260.00
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 216.40 153.20 154.10 171.30 73.30
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 (428.00) (109.40) (191.90) 244.90 (149.10)
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 448.40 (44.30) (33.60) (645.10) 327.20
Net Increase/Decrease In Cash 236.80 (0.50) (71.40) (228.90) 251.40
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 17.3 23.6 22.2 40.2 41.0
PEG - Adjusted 3.5 2.9 0.5 5.0 n/a
Earnings per Share Growth - Adjusted 5% 8% 48% 8% -35%
Dividend Cover 1.25 1.25 1.25 1.25 2.00
Revenue per Share 65.06p 66.23p 64.89p 66.94p 56.53p
Pre-Tax Profit per Share 96.51p 24.59p 88.07p 86.05p (31.49p)
Operating Margin 114.63% 43.06% 91.79% 61.03% 55.19%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 17.3 23.6 22.2 40.2 41.0
PEG - Adjusted 3.5 2.9 0.5 5.0 n/a
Earnings per Share Growth - Adjusted 5% 8% 48% 8% -35%
Dividend Cover 1.25 1.25 1.25 1.25 2.00
           
Dividend Yield 4.6% 3.4% 3.6% 2.0% 1.2%
Dividend per Share Growth 5.37% 8.26% 47.96% 73.33% 24.39%
Operating Cash Flow per Share 47.04p 36.75p 38.56p 42.96p 19.22p
Cash Incr/Decr per Share 51.47p (0.12p) (17.87p) (57.41p) 65.92p
Net Asset Value per Share (exc. Intangibles) 1,045.85p 981.80p 954.48p 891.40p 854.79p
Net Gearing 22.29% 27.73% 34.86% 32.58% 44.91%

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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