Land Securities Group PLC Change in presentation of segmental financial info (5209C)
19 Octubre 2020 - 09:36AM
UK Regulatory
TIDMLAND
RNS Number : 5209C
Land Securities Group PLC
19 October 2020
19 October 2020
Land Securities Group PLC ("Landsec")
Change in presentation of segmental financial information
To support our new strategy announced today, we are changing the
way we report financial information, both internally and
externally. This new structure better reflects the way in which the
business is now being managed. We'll continue to report externally
on the total Combined Portfolio, as we did for the 31 March 2020
year end. However, instead of analysing the Combined Portfolio
between our Office, Retail and Specialist assets, it will now be
analysed between four segments: Central London, Regional retail,
Urban opportunities and Subscale sectors. The Group's segmental
information will also now be presented in a format which reflects
these changes.
For reference, the presentation of the segmental information and
Combined Portfolio Analysis for the March 2020 and September 2019
financial results have been revised to reflect the four new
segments for comparative purposes. The unaudited revised
presentation and a reconciliation to the previously presented
financial information can be found on our website
www.landsec.com/investors/results-presentations .
Ends
Please contact:
Investors
Ed Thacker
+44 (0)20 7024 5185
Edward.thacker@landsec.com
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