TPFG’s trading update highlights a strong H1 outturn despite a challenging market backdrop. LFL revenue increased by 3%, including LFL MSF (franchise royalties) growth of 8%. Total revenue including the Belvoir and GPEA acquisitions grew by 104%. The full year outlook is supported by continued resilience in Lettings and 16% LFL growth (67% inc. acquisitions) in the sales agreed pipeline. Management therefore remains confident that trading remains at least in line with market expectations for FY2 ....
