Business
Final results for the year ended 31 December 2025
Panther Securities PLC reported a profit after tax of £4,253,000 for the year ended December 31, 2025, a decrease from £6,687,000 in the prior year, primarily due to a £1,075,000 decrease in the valuation of its swap position compared to a £3,265,000 gain in 2024. However, the company saw a significant revaluation gain on investment properties of £3,209,000, up from £1,300,000 in 2024, and rental income increased to £14,850,000 from £14,657,000. Interest costs were lower by approximately £500,000, and bad debts reduced to £261,000 from £526,000. Net asset value per share rose to 672p from 669p. The company declared a final dividend of 6p per share, alongside a special dividend of 10p and an interim dividend of 6p, totaling 22p for the year. Disclaimer*
About this update from Panther Securities Plc
[{"type":"text","content":"\n\nPrior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\"). With the publication of this announcement, this information is now considered to be in the public domain.\n \n14 May 2026\n \nPanther Securities P.L.C.\n(\"the Company\" or \"the Group\")\n \nFinancial results for the year ended 31 December 2025\n \n \nCHAIRMAN'S STATEMENT\n \nIt gives me pleasure once again to be able to present the results for the year ended 31 December 2025. Our profit after tax for this period was £4,253,000 compared to £6,687,000 for the previous year ended 31 December 2024. This change was partially driven by a decrease in the valuation of our swap position of £1,075,000 for the year ended 31 December 2025, compared to a valuation gain of £3,265,000 for the year ended 31 December 2024.\n \nThe results for 2025 were helped by a revaluation gain on investment properties of £3,209,000 (year ended 31 December 2024 saw a revaluation gain of £1,300,000). The underlying business's strength can be seen by consistent profits, valuation increases and rent increases.\n \nRents Receivable\nDuring 2025, rents receivable amounted to £14,850,000 compared to £14,657,000 for the prior year.\n \nOn 16 September 2025, our £120,000 refurbishment of a small part of our Wickford factory estate was completed and let at £155,000 per annum. Likewise, two factories in Tenbury Wells totalling approximately 60,000 sq. ft. had their short-term leases renewed to new 10 year leases with our existing tenants at slightly increased rents (the smaller factory rising to £48,000 pa and the larger factory rising to £162,000 pa), a total increase (after concessions) of £40,000 pa. At about the same time, the tenant became a subsidiary of Biffa, previously a FTSE 100 company, making the lettings in Tenbury Wells more beneficial. Our factory in Huntingdon renewed its lease for 15 years (just after the year-end) rising from £175,000 pa to £290,000 pa at the fifth year.\n \nAt Chorley one of our tenants took a new lease on one factory unit and took an extra unit making £91,000 pa rent as against £48,000 pa previously. A former Beales unit in St Neots was parti...