Parent Company Annual Results Released

Catesby Estates are part of Urban&Civic plc.

Results released for the year to 30th September 2019 today: continued strong performance from the UK's leading Master Developer

Commenting on the results, Nigel Hugill, Chief Executive, said:

"The debate over large sites is over."

"Urban&Civic is now consistently outperforming static land markets as Master Developer of new prime environments in which housebuilders want to build and homeowners want to live."

"Net assets per share were up approaching 9 per cent, marking five years of uninterrupted growth. The keys are location and stakeholder alignment." 

"Government policies are providing enough land supply for new market homes across most of the country but not South East England, where the Company enjoys actual platform advantage."

"If we can only see a return to stable politics, the reasonable assumption is for the maturing profile of our projects and pipeline to enable further medium-term acceleration."

View the full presentation here

 

Year ended

Year ended

 

30 September 2019

30 September 2018

EPRA NAV (£m)

527.5

481.2

EPRA NAV per share (p)

360.3

331.8

EPRA NNNAV per share (p)

339.5

315.9

Profit before tax (£m)

16.3

22.3

Total shareholder return (%)

7.8

19.1

Dividend per share (p)

3.9

3.5