To embrace an increase in demand in the second half and to facilitate mid- to long-term growth, we installed and started operating our new EUV line ahead of schedule. Competing with TSMC as the top two players in advanced node process technology, SEC will lead the market by introducing 5-...
In the interests of capital efficiency and to enhance income returns, long-term capital growth and capital flexibility, the Company is permitted to maintain a conservative level of gearing. As at 30 June 2024, the total Portfolio's gearing (expressed as a loan to value ("LTV") ratio) was ...
although still over 100% cash conversion, to the comparable period last year the Group has continued to pay off the long-term debt at the same rate as last year.
oMobilising existing long-term schemes to site forMixed Use Partnershipshas been slower in the first half of 2024 compared to prior years, resulting in a modest operating profit of £0.5m (HY 2023: £6.0m). Despite this hiatus we are in three preferred bidder positions in our newly form...
"The Company has delivered a robust performance for the first half of 2023, despite a delay in new order intake. Our continued long-term aim of investing in new software solutions whilst reducing our overall indebtedness remains central to our strategy to ensure we continue to be well positioned...
·Progress made on asset disposals to recycle capital in line with the Company's approach to capital allocation ·Weighted average discount rate 9.4% (31 March 2023: 8.4%) following an average increase of 0.75% since 31 March 2023, providing real return of 6.9% above average long-term inflat...
Property Plc is the holding company of Trafalgar New Homes Limited, Selmat Limited and Trafalgar Retirement+ Limited, residential property developers operating in the southeast of England. The founders have a long track record of developing new and refurbished homes, principally in Kent and Surrey. ...