20th Feb 2025 12:29
Safestore Holdings PLC - Hertfordshire, England-based self-storage provider with 205 stores in UK, France, Spain and Benelux - Revenue rises by 2.6% in the three months that ended January 31, Safestore's financial first quarter, to GBP56.7 million from GBP55.3 million a year before. It is up 3.5% at constant currency rates. This is partly to do with an 8.2% increase in lettable area, as occupancy is down to 71.5% at the end of January from 74.3% a year before. On a like-for-like basis, however, occupancy is up to 75.9% from 74.5%. Like-for-like revenue growth is 1.7%, or 2.9% at constant currency, to GBP55.8 million from GBP54.8 million. Read More
