SEGRO plc recommended an increase in the final dividend per share of 0.3 pence to 10.2 pence compared to 9.9 pence in 2013 which will be paid as a Property Income Distribution (PID). On this basis, the total dividend for the year will be 15.1 pence, a rise of 2% on 2013 (14.8 pence). The final dividend will be paid on 8 May 2015 to shareholders on the register at the close of business on 27 March 2015.

The company announced consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of £290.0 million against £339.8 million for the same period a year ago. Net rental income was £174.6 million against £223.4 million for the same period a year ago. Operating profit was £719.8 million against £372.1 million for the same period a year ago. Profit before tax was £654.4 million against £212.1 million for the same period a year ago. Profit after tax attributable to equity shareholders was £682.0 million or 92.0 pence basic and diluted per share against £210.6 million or 28.4 pence basic and diluted per share for the same period a year ago. Net cash received from operating activities were £123.0 million against £128.2 million for the same period a year ago. Purchase of plant and equipment and intangibles was £4.2 million against £3.2 million for the same period a year ago. Net debt as on December 31, 2014 was £1,679.2 million against £1,459.1 million as at January 1, 2014. Net asset value per share as on December 31, 2014 was 390 pence against 316 pence as at December 31, 2013. EPRA operating profit before interest and tax was £204.4 million compared to £230.7 million a year ago. EPRA profit before tax was £129.7 million compared to £134.1 million a year ago. EPRA profit after tax was £127.8 million or 17.2 pence per share compared to £131.4 million or 17.7 pence per share a year ago. EPRA net asset value per share at December 31, 2014 was 384 pence, compared with 312 pence at December 31, 2013. The company spent around £10 million on maintenance CapEx in 2014.