Core Viewpoint - Safestore has reported accelerating revenues for the fourth quarter, leading to modest share price gains, indicating strong demand in its core UK market and positive contributions from both like-for-like and new stores across all markets [2][3][5]. Financial Performance - For the full year ending 31 October, Safestore's turnover reached £234.3 million, reflecting a 4.9% increase at reported rates and a 5% increase at constant exchange rates [2]. - Fourth-quarter revenues rose 7.1% to £62 million, with growth of 6.1% at stable exchange rates [3]. - On a like-for-like basis, full-year revenues increased by 3.1% at constant currencies to £228.7 million, while fourth-quarter revenues rose 3.3% to £59.4 million [4]. UK Market Performance - The UK unit drove revenue growth, with like-for-like sales increasing by 2.4% for the financial year and 3.4% for the fourth quarter, amounting to £42.9 million and £164.8 million respectively [5]. - Average storage rates in the UK rose by 6.6% in the last quarter, contributing to a full-year growth of 2.5% [5]. International Market Performance - In France, like-for-like revenues increased by 2% in the last quarter to €13.4 million, with annual growth of 1.3% to €51.9 million [6]. - However, average storage rates in France fell by 1.8% in the fourth quarter, resulting in a full-year growth of only 0.4% [6]. Occupancy and Rates - Closing occupancy reached 6.67 million square feet as of October, up 4%, with occupancy as a percentage of current lettable area increasing to 78.1% from 78% a year earlier [7]. - Average storage rates improved by 1.2% year-on-year to £30.20, with a 4% increase in rates during the fourth quarter to £30.84 [7]. Expansion and Future Outlook - Safestore opened four new stores in the past year, increasing its total maximum letting area to 9.3 million square feet [8]. - The company has added 0.7 million square feet of new maximum letting area in the 2025 financial year, with a pipeline of 1 million square feet on track for future development [8]. - The CEO expressed optimism about continued momentum and expects full-year earnings per share to meet City forecasts of 40.3p, down from 42.3p in financial 2024 [8]. Upcoming Reports - Safestore is scheduled to release its full-year report on 15 January [9].

Get 100% ad-free experience AI Boom Forces Texas and Beyond to Rethink Energy Supply at Scale ByStephen Innes Market Overview Published 11/27/2025, 04:23 AM AI Boom Forces Texas and Beyond to Rethink Energy Supply at Scale View all comments (0)0 Stephen Innes Articles(1804) Follow NVDA 1.37% NG 0.97% The AI trade has entered that deliciously dangerous phase where everyone keeps whispering about bubbles, but nobody is prepared to lift their foot off the accelerator. And the proof isn't in NVIDIA's (NASDAQ:NV ...

Global markets rose on hopes of a Federal Reserve rate cut and as investor optimism over artificial intelligence returns. U.S. markets are closed Thursday for the Thanksgiving holiday ...

My thesis for investing in Grocery Outlet ( GO ) is that its store refresh plan could fix the main weakness in its business model. It’s known as the treasure-hunt grocery store where you canI am a freelance business writer. I formerly wrote articles for the Motley Fool Blogging Network, where I won several editor's choice awards. After that, I wrote articles for the main Motley Fool site. I typically focus on restaurants, retailers, and food manufacturers, considering both growth opportunities and valuation ...

Bashar is a contributing writer at Seeking Alpha, focusing on Long/Short investment ideas, with a geographic focus in North America. Before that, Bashar worked at an Investment Fund in the United Kingdom. He has a Master's degree in Finance from the Queen Mary University of London and a Bachelor's degree in Economics from Middlesex University.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within th ...

These stocks provide me with a considerable amount of passive dividend income each year.My top financial goal is to generate enough passive income to cover my basic living expenses. That would enable me to become financially independent. I've gained a lot more financial independence over the past year due to the steadily rising passive income generated by my portfolio. Three of my largest income-producing investments are Brookfield Infrastructure (BIPC +1.91%)(BIP +0.81%), Energy Transfer (ET +0.98%), and R ...

Hedge fund billionaire Peter Thiel sold his entire stake in Nvidia and started a position in Microsoft during the third quarter.Billionaire Peter Thiel is best known for his role in cofounding Palantir Technologies. But he also runs hedge fund Thiel Macro, which sold its entire stake in Nvidia (NVDA +1.37%) during the third quarter and reinvested the proceeds into Microsoft (MSFT +1.78%), a stock that has advanced 476,900% since its IPO in March 1986.I think Thiel's hedge fund abandoned Nvidia too early, bu ...

Tom Lee is out with a fresh prediction for his favorite cryptocurrency.Ether is the native cryptocurrency in the Ethereum (ETH +4.06%) network, which is a leading destination for developers who want to build decentralized software applications. Whenever people use one of these applications, trigger a smart contract, or transfer a crypto token built on Ethereum, they incur a fee that is payable in Ether.This structure creates ongoing demand for Ether, so as long as the Ethereum network continues to grow in p ...

A couple of seemingly little things are actually becoming pretty big deals.Obviously the two companies are different; Coca-Cola (KO +0.37%) is a family of several popular beverage brands, while Walmart (WMT +1.96%) is a consumer goods retailer.Their fortunes, however, are ultimately tethered to the same market dynamics -- both companies must offer value to value-conscious consumers, and both companies must constantly promote themselves. And, both organizations have typically done a great job on both fronts, ...

Incyte Corporation ( INCY ) is a profitable late‑stage biotech firm with ~$20 billion in market cap. As far as I can see, INCY's revenue and earnings base keeps diversifying, and while the market has already repriced the stock price toA seasoned consulting specialist at a leading Central Asian bank. The author behind Novo Capital brings half a decade of experience delivering strategic insight and analysis for the bank's clientele within the private banking branch. Launching the career back in 2020 after gra ...