WYNNSTAY PROPERTIES PLC - Annual Results

Wynnstay Properties PLC reported a strong set of annual financial results for the year ended 25 March 2026, delivering continued growth in rental income, earnings, dividends, and net asset value. Rental income increased 7% to £2.9 million, supported by the acquisition of industrial units in Cambridge and like-for-like rental growth across the portfolio. Earnings per share rose 23.6%, while dividends increased 5.6% to 28.5p per share and net asset value (NAV) per share advanced 3.8% to 1,212p. The company maintained high occupancy levels, excellent rent collection, and strong tenant retention, completing 18 lease transactions during the year. Portfolio value increased to £47.0 million, with active asset management driving a 2.9% like-for-like capital value uplift. Wynnstay also achieved a successful disposal of its Weston-super-Mare asset at a significant premium to book value, highlighting the embedded value within the portfolio. The company continues to benefit from a resilient light industrial property strategy, modest leverage with a loan-to-value ratio of 23.8%, and confirmed refinancing support from its banking partner. Management remains focused on disciplined capital allocation, portfolio quality, sustainability initiatives, and capturing future rental reversion opportunities. Over the past five years, Wynnstay has delivered consistent growth in revenue, dividends, NAV, and total shareholder returns, while outperforming major UK property and equity indices. The company’s long-term growth strategy remains centred on income generation, capital appreciation, prudent borrowing, and active portfolio management for private investors.