Safestore Holdings (GB:SAFE) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Safestore Holdings reported a slight revenue drop and a 10.5% decrease in adjusted diluted EPRA earnings per share in the first half of 2024 compared to the same period in 2023, despite a robust operational performance and a significant profit before tax increase. The company saw a 28.5% increase in free cash flow and continues to expand with a store development program aimed at metropolitan areas, confident in favorable market conditions and its diversified approach.
For further insights into GB:SAFE stock, check out TipRanks’ Stock Analysis page.
