Safestore is the UK’s largest self-storage group with 134 stores.

They include 97 wholly owned stores in the UK including 58 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol, together with 12 Space Maker stores under management in the UK and 25 wholly owned stores in the Paris region.

Safestore was founded in the UK in 1998. It acquired the French business “Une Pièce en Plus” in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.

Safestore has been listed in the London Stock exchange since 2007.

The Group provides storage to almost 46,000 personal and business customers.

Safestore (excluding Space Maker) has a maximum lettable area (“MLA”) of 5.1 million sq ft (excluding the expansion pipeline stores) of which 3.32 million sq ft is currently occupied.

Safestore employs around 550 people in the UK and France.

Safestore’s shares trade on the main market of the London Stock Exchange with the ticker SAFE.

Financial calendar

2015

22 January 2015 Preliminary results for the year ended 31 October 2014
February 2015 Publication of Annual Report and Accounts 2014
February 2015 Interim Management Statement
March 2015 Annual General Meeting
April 2015 Half Year End 2014/2015
June 2015 Interim results
September 2015 Interim Management Statement

http://www.safestore.com/

Trading update

Highlights

· Group revenue in Q3 in CER1 grew by 10.3%
· Group like-for-like3 revenue in Q3 in CER increased 5.6% with strong performance in both geographies
o UK up 5.9%
o Paris up 4.3%
· Group like-for-like closing occupancy of 77.8% (up 3.3 ppts on Q3 2017)
· Group like-for-like average storage rate in Q3 in CER grew 0.5%
· Alligator stores performing in line with expectations
· Poissy store in west of Paris opened in August 2018
· New freehold site secured at Pontoise in North West Paris

Fourth quarter trading update

Highlights

· Group revenue for the year in CER1 up 10.4%
· Like-for-like3 Group revenue for the year in CER1 up 5.2%
o UK up 5.2%
o Paris up 5.1%
· Group like-for-like closing occupancy of 76.6% (up 2.7ppts on Q4 2017)
· Group like-for-like average occupancy for the year up 4.4%
· Group like-for-like average storage rate for the year up 0.2% in CER1
· Edinburgh Gyle store lease extended by 10 years
· Adjusted Diluted EPRA earnings per share6 anticipated to increase in line with consensus7