- Another strong year for revenue and profit
- Premium to net asset value has dropped
IC TIP:
Buy
Safestore (SAFE) makes its money through storing its customers’ worldly possessions. Through good times and bad, it offers people confidence that their items will be safe. Shareholders should be similarly bullish about the safety of their investment. Safestore’s share price, revenues and profits have all trended upwards over the last five years in spite of economic headwinds.