Hansteen holdings increases its 2016 interim dividend by 4.8%

DividendMax Ltd.

Hansteen holdings increases its 2016 interim dividend by 4.8%

Financial Highlights

Normalised Income Profit ("NIP") increased by 28.1% to £29.2 million (H1 2015: £22.8 million)

Normalised Total Profit ("NTP") of £30.8 million (H1 2015: £30.1 million)

EPRA NAV per share increased by 11.9% to 124.4p

Adjusted EPRA NAV per share increased by 8.4% to 120.5p (31 December 2015: 111.2p) *

IFRS NAV per share increased by 10.2% to 116.0p (31 December 2015: 105.2p)

IFRS pre-tax profit of £54.8 million (H1 2015: £103.7 million)

November interim dividend increased by 4.8% to 2.2p per share (November 2015: 2.1p per share)

Net debt to property value ratio 44.9% (31 December 2015: 41.2%)

Companies mentioned