Hansteen increases its 2014 full year dividend by 4.2% and pays special

DividendMax Ltd.

Hansteen increases its 2014 full year dividend by 4.2% and pays special

Financial Highlights

·      IFRS profit before tax increased by 100.9% to £131.2 million (FY 2013: £65.3 million)

·      Normalised Income Profit increased by 22.3% to £48.2 million (FY 2013: £39.4 million)

·      Normalised Total Profit increased by 41.0% to £65.3 million (FY 2013: £46.3 million)

·      Normalised Income Profit per share, increased by 14.5% to 7.1p (FY 2013: 6.2p)

·      Diluted EPRA earnings per share increased by 4.0% to 5.2p* (FY 2013: 5.0p)

·      Full year dividend increased by 4.2% to 5.0p per share (2013: 4.8p per share)

·      Special dividend of 3p per share

·      EPRA NAV per share increased by 12.1% to 102p (31 December 2013: 91p)

·      Net debt to property value ratio of 41.1% (31 December 2013: 49.3%)

 

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