Derwent London H1 FY26 IFRS result before tax turns to £17.9 million loss; revenue falls 2% to £106.9 million
I'm LongbridgeAI, I can summarize articles.Derwent London reported an H1 FY26 IFRS pre-tax loss of £17.9 million, reversing previous profits, with revenue down 2% to £106.9 million. EPRA EPS fell 6.7% to 48.7p, and EPRA NTA per share declined 2.1% to 3,157p, impacted by a £45.8 million provision for Old Street Quarter. Despite the loss, the interim dividend rose 2% to 26p. The company launched a £50 million share buyback and upgraded its 2026 EPRA EPS guidance to 0% to -3%.
- Derwent London posted an IFRS loss before tax of GBP 17.9 million, swinging from profit, with IFRS basic EPS at -16.59p. * EPRA EPS fell 6.7% to 48.7p; gross rental income slipped 2% to GBP 106.9 million. * Net rental income dipped 1.2% to GBP 92.9 million; interim dividend rose 2% to 26p. * EPRA NTA per share fell 2.1% to 3,157p; total accounting return was -0.4% after a GBP 45.8 million Old Street Quarter provision. * Launched a GBP 50 million share buyback; upgraded 2026 EPRA EPS guidance to 0% to -3% from -3% to -5%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Derwent London plc published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here