Earnings GrowthLondonMetric has reported a year of exceptionally strong earnings growth with EPRA EPS up 21%, and the dividend correspondingly increased by 18%.
Market PositionLondonMetric has gained FTSE-100 membership, providing greater equity market liquidity, lower debt costs, and economies of scale, evidenced by a low EPRA cost ratio of 7.6%.
Strategic AcquisitionsLondonMetric is continuing to grow via M&A, augmenting its already strong internally-generated growth potential with the announcement that it is to buy Highcroft Investments in an all-share deal valuing the company at £43.8m.