What’s new: LSL’s results deliver on the recent trading update, namely: Group underlying profit of £35.2m (2019: 37.0m), or £41.5m pre £6.3m Covid-19 costs.
Reported net bank Debt of £1.6m (Dec 2019: £41.9m) is “historically low”.
All divisions traded well, despite a difficult 1H. For the year 2020:
16% rise in Financial Services EBIT to £13.5m, as it benefited from a rise in Mortgage and Protection completions in PRIMIS, driven by the rise in total financial advisors (n.b. 8% rise in 20 ....
28 Apr 2021
LSL Property Services (LSL LN) - Strong trading in all divisions
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LSL Property Services (LSL LN) - Strong trading in all divisions
LSL Property Services plc (LSL:LON) | 286 45.7 5.9% | Mkt Cap: 296.9m
- Published:
28 Apr 2021 -
Author:
Robin Savage -
Pages:
5
What’s new: LSL’s results deliver on the recent trading update, namely: Group underlying profit of £35.2m (2019: 37.0m), or £41.5m pre £6.3m Covid-19 costs.
Reported net bank Debt of £1.6m (Dec 2019: £41.9m) is “historically low”.
All divisions traded well, despite a difficult 1H. For the year 2020:
16% rise in Financial Services EBIT to £13.5m, as it benefited from a rise in Mortgage and Protection completions in PRIMIS, driven by the rise in total financial advisors (n.b. 8% rise in 20 ....