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Supermarket Income REIT reporting doubling of half-year profits

Supermarket Income REIT reporting doubling of half-year profits

Supermarket Income REIT PLC (LSE:SUPR) (Supermarket Income REIT PLC (LSE:SUPR)) says it is on track to deliver its targeted full-year dividend of 5.94p after reporting doubled half-year profits.

Ben Green presents the latest results, which show annualised passing rent in the six months to the end of 2021 increased by 52% to £70.2mln from £46.1mln the year before following rent reviews and new acquisitions during the period.

Profit before tax jumped 109% to £68.9mln from £33.0mln the previous year.

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