The UK self-storage operator reported FY non-GAAP EPS of 59.00p as like-for-like store revenue grew 2%.
Big Yellow Group reported full-year revenue of £209.1 million, up 2.2% year-over-year, driven by a 2% increase in store revenue. Like-for-like store revenue also rose 2%, supported by higher average achieved rents.
The company’s non-GAAP earnings per share reached 59.00p, while like-for-like occupancy saw a slight decline. Prior-year revenue stood at £204.6 million, with consensus estimates aligning closely with the reported figures.
No immediate market reaction was disclosed in the release.