22nd Apr 2022 14:24
abrdn European Logistics Income PLC - European-focused logistics real estate investor - Increases annual net asset value per share in 2021. It rises by 7.5% to EUR1.29 from EUR1.20 at the end of 2020. Share price total return more than halves to 12% from 27%. Dividends of 5.64 euro cents paid per share for 2021, unchanged from a year ago. Pretax net profit climbs to EUR55.4 million from EUR45.2 million in 2020. The company's commitment to sustainability and the inflation linked nature of portfolio's leases provides "a strong platform for further growth," it says.
Current stock price: 111.00 pence, up 0.7% on Friday
12-month change: down 4.9%
By Tom Budszus; [email protected]
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