Feb 29, 2024 / 09:45AM GMT
Rita-Rose Gagné,Hammerson plc-Chief Executive
So good morning, everyone, and thank you for joining us at our new offices here in Marble Arch. With me today, I have Himanshu Raja, our CFO; and I have Josh, somewhere, our IR Director; and some members of my executive team sitting just in the front row.
So let's kick us off. So I'm pleased to start the day by saying that we've had another strong year. We've delivered GBP116 million in adjusted earnings, and that's 11% up year on year. So this was driven by growth in like-for-like GRI and NRI and also by cost reduction of 14%. 2023 marked actually the coming together of three years of consistent change and strategic execution for which I'm really proud of the team.
This has driven our strong financial and operational performance that you see flow through in the results today. We had another record year of leasing while footfall occupier sales continued to grow and occupancy is stable at 95%. Our core city center destinations are in high demand from quality occupiers and visitors in equal measure and
Full Year 2023 Hammerson PLC Earnings Call Transcript
Feb 29, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers