Big Yellow Group PLC (BYG) released its trading update for the quarter ended 31 December 2020 (FY21 Q3 results). The strong trading performance of the Armadillo Portfolio was highlighted in the FY21 Q3 results.
Occupancy of the 25 store Armadillo portfolio at 31 December 2020 was 81.3%, an increase of 1.0 ppt from 30 September 2020 (2019: decrease of 2.6 ppts).
Revenue for the quarter to 31 December 2020 increased by 7.0% to £4.6 million compared to the same quarter last year (£4.3 million).