Overview. First Property’s (Fprop) interims reflect the strong FX translation tailwind from the 12.2% move against the euro, together with contributions from new investments made last year and reductions in funding costs on the Group’s European debt. Reported profits of £4.47m were flat (2015: £4.46m) but with a much smaller contribution from one off items in H1 this year of £0.29m (2015: £1.58m), the underlying picture showed good progress. Adjusted EPS of
23 Nov 2016
Interims – Steady progress and strong FX tailwinds
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Interims – Steady progress and strong FX tailwinds
First Property Group plc (FPO:LON) | 19.6 0 0.0% | Mkt Cap: 21.7m
- Published:
23 Nov 2016 -
Author:
Chris Thomas -
Pages:
3
Overview. First Property’s (Fprop) interims reflect the strong FX translation tailwind from the 12.2% move against the euro, together with contributions from new investments made last year and reductions in funding costs on the Group’s European debt. Reported profits of £4.47m were flat (2015: £4.46m) but with a much smaller contribution from one off items in H1 this year of £0.29m (2015: £1.58m), the underlying picture showed good progress. Adjusted EPS of