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warehousing

  • Segro: Data centre demand fuels growth at warehousing giant

    Business

    Warehousing giant Segro has reported a double-digit jump in profit driven by demand for data centres and improving investment market conditions. Shares were flat in early trades. Adjusted profit before tax at the FTSE-100 real estate investment trust (REIT) grew 14.9 per cent in the year ended December 31 to £470m. Adjusted earnings per share rose 5.5 per [...]

    David Sleath, Segro's CEO. Credit: Segro

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