Company Watch
Shares in Hammerson drop 11 per cent after decline in revenue
The company, which operates Dundrum Town Centre, the Ilac Centre and Swords Pavilions, saw its revenue drop to £131.4 million, down from £137.2 million
Shares in Hammerson, the commercial property company, ended last week down 11 per cent at 25.7 pence, after the group reported a fall in revenue for 2022.
Hammerson, which operates Dundrum Town Centre, the Ilac in Dublin city centre and Swords Pavilions, saw its revenue for the year fall to £131.4 million, down from £137.2 million in 2021, according to annual results from the group. Meanwhile, losses before tax at the company narrowed to £164 ...
