Company Profile For SEGRO Plc

SEGRO Plc (SGRO.L) (London Stock Exchange)

sector: Financials · industry: REIT - Residential & Commercial ·

As of 4:35pm GMT

325.50GBp

Price Change

-11.90

Percent Change

-3.53%

Analyst Recommendations

Overview

SEGRO plc is a provider of Flexible Business Space in Europe. The Company is a real estate investment trust (REIT), which provides business space. The Company has operations in 10 countries, serving 1,700 customers operating in a range of sectors, representing both small and large businesses, from start-ups to global corporations. As of December 31, 2008, the Company had approximately 5.1 million square meters of business space.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, SEGRO plc's revenue increased 9% to £155.4M. Net loss from continuing operations increased 48% to £480.1M. Revenues reflects an increase in sales from United Kingdom and Continental Europe region. Higher loss reflects an increase in property operating expenses, an increase in share of losses from property joint ventures after tax, the absence of other investment income and an increase in property losses.