2023 results are, as indicated in its February pre-close update, “slightly ahead of market expectations”. Current trading continues to improve, with 1Q24 underlying operating profit up yoy, “reflecting the benefits of the Group’s transformation programme completed in 2023 as well as improving market conditions.” With net cash of £35m at end 2023, the Board approved 7.4p final DPS and £7m buy back.
25 Apr 2024
LSL Property Services (LSL LN) - Transformation & market recovery
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LSL Property Services (LSL LN) - Transformation & market recovery
LSL Property Services plc (LSL:LON) | 300 12 1.3% | Mkt Cap: 311.1m
- Published:
25 Apr 2024 -
Author:
Robin Savage -
Pages:
4
2023 results are, as indicated in its February pre-close update, “slightly ahead of market expectations”. Current trading continues to improve, with 1Q24 underlying operating profit up yoy, “reflecting the benefits of the Group’s transformation programme completed in 2023 as well as improving market conditions.” With net cash of £35m at end 2023, the Board approved 7.4p final DPS and £7m buy back.