PHP Primary Health Properties PLC

EQS-News: Proactive Research Analyst Manos Halicioglu looks at Primary Health Properties

EQS-News: Primary Health Properties PLC
Proactive Research Analyst Manos Halicioglu looks at Primary Health Properties

15.12.2022 / 10:55 CET/CEST
The issuer is solely responsible for the content of this announcement.


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Proactive

Proactive UK Ltd

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News Source: News Direct


15.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Primary Health Properties PLC
United States
ISIN: GB00BYRJ5J14
EQS News ID: 1514279

 
End of News EQS News Service

1514279  15.12.2022 CET/CEST

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Reports on Primary Health Properties PLC

Martyn King
  • Martyn King

Primary Health Properties - Highlighting organic and investment-led gr...

Primary Health Properties (PHP) has issued a Q324 trading update alongside its capital markets presentation. The presentation focused on the significant opportunities for growth that PHP has identified in both the UK and Irish markets. Most importantly, the trading statement shows organic rental growth continuing, underpinning PHP’s commitment to its progressive dividend policy. Our forecasts are, for now, unchanged.

Primary Health Properties: 1 director

A director at Primary Health Properties bought 37,610 shares at 93p and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...

Martyn King
  • Martyn King

Primary Health Properties - Continuing dividend growth

Primary Health Properties’ (PHP’s) H124 results show continuing earnings and dividend growth, driven by rental income and underpinned by a low cost ratio and significantly fixed borrowing costs. With open market rental growth, covering two-thirds of rent roll, accelerating further, we forecast this to continue through FY26, which would mark 30 years of unbroken dividend growth.

Martyn King
  • Martyn King

Primary Health Properties - Stability with income growth

The key feature of Primary Health Properties’ (PHP’s) 2023 results was the further acceleration in rental uplifts, rising at the fastest pace for 15 years. This is driving organic earnings growth to fully cover progressive dividends, which are now in the 28th year of unbroken increase.

Martin Hall
  • Martin Hall

Hardman & Co Healthcare Index: 2023 – Capital demands dent performance

The Hardman & Co Healthcare Index (HHI) has been running since 2009. Its main function is to highlight the attractions of life sciences investments over the long term. For the second year running, apart from global economic influences affecting world markets, performance in 2023 was dented by the capital-intensive nature of the sector. The HHI fell 3.7%, to 483.8, underperforming the main London markets – FTSE 100 (+3.8%) and FTSE All-Share (3.8%) but outperforming the FTSE AIM All-Share Index (...

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