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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  SEGRO plc    SGRO   GB00B5ZN1N88

SEGRO PLC

(SGRO)
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Real-time Estimate Quote. Real-time Estimate CHI-X - 01/25 09:36:59 am
984.4 GBX   +1.05%
02:06aSEGRO : to deliver greenest site in London
PU
01/21SEGRO : Brompton Bicycle thrives at SEGRO's Greenford Park estate
PU
01/15SEGRO : FY20 Rent Collection Reaches 98%
MT
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SEGRO : UK property group Segro lists shares in Paris as Brexit looms

11/25/2020 | 02:40am EST

PARIS (Reuters) - British real estate investment trust Segro listed its shares on the Paris stock market on Tuesday, in the latest sign of British companies looking to move assets and operations over to mainland Europe as Brexit looms.

Segro, which manages warehouses and industrial property, said in a statement that its secondary stock market listing in Paris would "ensure its presence on a stock exchange in the European Union after the transition period of Brexit".

"We're delighted that our shares commence trading today on our secondary listing on Euronext Paris, reflecting the growth and importance to Segro of our continental European investor base and operations," said chief financial officer Soumen Das.

French President Emmanuel Macron is promoting France as a top investment hub in a post COVID-19 and Brexit world.

A survey by consultants EY published in October said that more than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full Brexit in January.

French bank BNP Paribas said in July it was creating 400 jobs in continental Europe due to Brexit, while sources told Reuters this month that Mediobanca was relocating at least a third of its mergers and acquisitions bankers from London to Milan.

British officials are also trying to protect London's role as a global financial capital post-Brexit, with Britain launching a review this month to keep London competitive in the battle for stock market listings.

(Reporting by Sudip Kar-Gupta; editing by Jason Neely)

By Sudip Kar-Gupta


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRITISH POUND (EUR/GBP) -0.13% 0.88788 Delayed Quote.-0.44%
SEGRO PLC 1.05% 983.8 Delayed Quote.2.81%
All news about SEGRO PLC
02:06aSEGRO : to deliver greenest site in London
PU
01/21SEGRO : Brompton Bicycle thrives at SEGRO's Greenford Park estate
PU
01/15SEGRO : FY20 Rent Collection Reaches 98%
MT
01/15SEGRO : UK property group Segro collects 98% of rent in FY 2020
RE
01/14SEGRO : Chooses France As EU Home Member State Post-Brexit
MT
01/14SEGRO PLC : Notification of Home Member State
BU
01/04SEGRO : Construction work begins at SEGRO Logistics Park Northampton Gateway
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2020SEGRO PLC : Monthly statement on outstanding equity shares and voting rights
CO
2020SEGRO : funds three Thurrock-based charities as it hands over new facility to Oc..
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2020SEGRO : Raises Sofibus Patrimoine Stake to 94%
MT
More news
Financials
Sales 2020 421 M 576 M 576 M
Net income 2020 894 M 1 223 M 1 223 M
Net Debt 2020 2 150 M 2 941 M 2 941 M
P/E ratio 2020 14,2x
Yield 2020 2,23%
Capitalization 11 605 M 15 857 M 15 875 M
EV / Sales 2020 32,7x
EV / Sales 2021 30,0x
Nbr of Employees 317
Free-Float 96,6%
Chart SEGRO PLC
Duration : Period :
SEGRO plc Technical Analysis Chart | SGRO | GB00B5ZN1N88 | MarketScreener
Technical analysis trends SEGRO PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 995,68 GBX
Last Close Price 974,20 GBX
Spread / Highest target 28,3%
Spread / Average Target 2,21%
Spread / Lowest Target -24,6%
EPS Revisions
Managers and Directors
NameTitle
David John Rivers Sleath Chief Executive Officer & Executive Director
Gerald Michael Nolan Corbett Chairman
Andrew E. G. Gulliford Chief Operating Officer & Executive Director
Soumen Das Chief Financial Officer & Executive Director
James Power Director-Digital & Technology
Sector and Competitors
1st jan.Capitalization (M$)
SEGRO PLC2.81%15 857
EQUINIX, INC. (REIT)0.98%64 257
DIGITAL REALTY TRUST, INC.0.68%39 352
ALEXANDRIA REAL ESTATE EQUITIES, INC.-5.26%24 552
REALTY INCOME CORPORATION-3.75%22 343
W. P. CAREY INC.-4.69%11 799