Empiric Student Property PLC (LSE:ESP)
£ 0.941 -0.009 (-0.95%) Market Cap: 567.86 Mil Enterprise Value: 885.16 Mil PE Ratio: 10.81 PB Ratio: 0.77 GF Score: 71/100

Full Year 2021 Empiric Student Property PLC Earnings Call Transcript

Mar 03, 2022 / 08:30AM GMT
Release Date Price: £0.872 (-1.58%)
Operator

Good morning and welcome to the Empiric Student Property plc Full Year Results 2021. My name is Katie and I'll be coordinating your call today. (Operator Instructions)

I'll now hand over to your host, Duncan Garrood, Chief Executive, to begin. Duncan, Please go ahead.

Duncan Garrood
Empiric Student Property plc - CEO & Director

Good morning and thank you for joining us today. I'm here with our CFO, Lynne Fennah. And our agenda today shown on Slide 3 is as follows. I'll give a short introduction, Lynne will take you through the financial performance and our progress on ESG. After that, I'll talk in more detail about the business and then we'll open up for questions.

So let me start with the headlines on Slide 4. As you know, we started 2021 in challenging conditions due to the pandemic with revenue occupancy averaging 65% during academic year '20-'21. However, market conditions improved during the year and academic year '21-'22 has reached occupancy of 84%, at the upper end of our guidance. It was a busy year with a lot of activity on the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot