Texton, the SA and UK property group, reported HEPS up 1,404% to 9.20c from 0.61c driven by lower property related and other non cash adjustments. Property revenue increased 1.8% to R264.7m, while distributable earnings fell 11.2% to R65.5m. Lower earnings reflected investment disposals and weaker UK property income, partly offset by lower finance costs. The final dividend fell 8.3% to 18.45c per share.
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