Trident Estates p.l.c. announced its financial results for the year ended 31 January 2026, reporting improved profitability underpinned by 92% occupancy at Trident Park during its second full year of operations.
Revenue increased by 10% to €6.1 million, driven primarily by increased occupancy levels, while operating profit rose to €4.1 million. Profit after tax increased significantly to €7.4 million, supported by both operational performance and fair value gains.
The positive performance follows the continued stabilisation of the Group’s flagship Trident Park development and marks a further step forward after its initial years of operation. In line with these results, the Board is proposing an increased dividend of €750,000 at the forthcoming AGM, up from €500,000 in the prior year.
Chairman Mr Louis A. Farrugia said, “Contracted occupancy levels have now reached 92%, a result which reflects both the quality of the development and the confidence placed in the project by our tenants and stakeholders.”
Chief Executive Officer Charles Xuereb added “I am pleased to present solid results for the financial year ended 31 January 2026 (FY2026), driven in particular by the successful conclusion of contracts for several new tenancies at Trident Park, together with a full year of occupancy by recently onboarded tenants across various other properties within the Group’s portfolio.”
Trident Estates remains focused on maintaining high occupancy levels, enhancing tenant satisfaction and evaluating future development opportunities to support sustainable long-term growth.
