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Grainger

Current Price 238.50p Bid 239.00p Ask 244.00p Change -0.83%
Last Updated: 17/09/2024 06:46. Prices delayed by at least 15 minutes.
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Company Overview

Grainger is a specialist residential company. Founded in 1912, Grainger Trust acquires, develops and trades residential and commercial property assets via offices around the UK. The company acquired a number of tenanted estates during the 1970s from institutions such as British Coal, British Rail and Reckitt & Colman, which has helped it become one of the UK's leading residential property investment businesses.

Financial Highlights Year Ended 30/09/2023

Revenue
£267.10m
Operating Profit/Loss
£128.40m
Dividend yield (%)
2.80
Total dividend for year
n/ap
Dividend cover
1.55
P/E Ratio
22.80

Key Personnel

Ms Helen Gordon
CEO Designate
Mr Robert Hudson
Chief Financial Officer
Mr Mark Clare
Non-Executive Chairman
Mr Carol Hui
Non-Executive Director
Mr Justin Read
Non-Executive Director
Mr Michael Brodtman
Non-Executive Director
Ms Janette Bell
Non-Executive Director

Stock Details

EPIC
GRIL
ISIN
GB00B04V1276
Shares in Issue
413.09m
Market cap
£985.23m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
238.50p
Bid Price
239.00p
Ask Price
244.00p
Volume
42,911
Change Today
-2.00p
% Change Today
-0.83%
Open
242.50p
Previous Close
238.50p
Intraday High
242.50p
Intraday Low
238.50p
52 Week High
273.20p
52 Week Low
220.80p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
30 Sep 2023
30 Sep 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
267.10
279.20
Operating Profit/Loss
128.40
122.20
Net Interest
-31.80
-33.30
Pre-Tax Profit
27.40
298.60
Profit After Tax from continuing operations
25.60
229.40
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
25.60
229.40
Attributable to:
Equity Holders of Parent Company
25.60
229.40
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
30 Sep 2023
30 Sep 2022
Basic
3.50p
31.00p
Diluted
3.50p
30.90p
Adjusted
10.30p
10.20p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
30 Sep 2023
30 Sep 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
8.60
4.20
Intangible Assets
1.00
0.50
Investment Properties
2,948.90
2,775.90
Investments
91.00
55.20
Other Financial Assets
67.00
69.10
Other Non-Current Assets
13.30
11.00
Current Assets
Inventories
392.20
453.80
Trade & Other Receivables
34.00
40.50
Cash at Bank & In Hand
121.00
95.90
Current Asset Investments
n/a
n/a
Other Current Assets
45.30
73.00
Other Assets
n/a
n/a
Total Assets
3,722.30
3,579.10

Liabilities

Year End Date
30 Sep 2023
30 Sep 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
40.00
Other Current Liabilities
129.90
114.50
Total Current Liabilities
129.90
154.50
Non-Current Liabilities
Borrowings
1,533.50
1,317.60
Provisions
123.40
138.00
Other Non-Current Liabilities
6.90
2.20
Total Non-Current Liabilities
1,663.80
1,457.80
Other Liabilities
n/a
n/a
Total Liabilities
1,793.70
1,612.30

Net Assets

Year End Date
30 Sep 2023
30 Sep 2022
 
£ (M)
£ (M)
Net Assets
1,928.60
1,966.80

Capital & Reserves

Year End Date
30 Sep 2023
30 Sep 2022
 
£ (M)
£ (M)
Share Capital
37.20
37.10
Share Premium Account
817.80
817.60
Other Reserves
40.40
52.50
Retained Earnings
1,033.20
1,059.60
Shareholders Funds
1,928.60
1,966.80
Minority Interests/Other Equity
n/a
n/a
Total Equity
1,928.60
1,966.80

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
23 May 2024
05 Jul 2024
2.54p
Final
28 Dec 2023
14 Feb 2024
4.37p
Interim
25 May 2023
03 Jul 2023
2.28p
Final
30 Dec 2022
14 Feb 2023
3.89p
Final
29 Dec 2022
14 Feb 2023
3.89p
Interim
26 May 2022
01 Jul 2022
2.08p
Final
30 Dec 2021
14 Feb 2022
3.32p
Interim
27 May 2021
02 Jul 2021
1.83p
Final
24 Dec 2020
15 Feb 2021
3.64p
Interim
28 May 2020
03 Jul 2020
1.83p
Final
24 Dec 2019
10 Feb 2020
3.46p
Interim
30 May 2019
05 Jul 2019
1.73p
Final
13 Dec 2018
11 Feb 2019
3.52p
Interim
24 May 2018
05 Jul 2018
1.74p
Final
28 Dec 2017
09 Feb 2018
3.26p
Interim
01 Jun 2017
30 Jun 2017
1.60p
Final
29 Dec 2016
10 Feb 2017
3.05p
Interim
02 Jun 2016
01 Jul 2016
1.45p
Final
24 Dec 2015
12 Feb 2016
2.11p
Interim
04 Jun 2015
03 Jul 2015
0.64p

Dividend Metrics

Year End Date
30 Sep 2023
30 Sep 2022
Dividend growth
11.39%
15.92%
Dividend yield
2.80%
2.60%
Dividend cover
1.55
1.71


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