Town Centre Securities (TCS) will release its results for the year ending 30 June 2019 (FY19) on 24 September. Despite the tough retail environment, in a trading update the company states that the year ended in line with expectations. We expect a robust recurring earnings performance and an unchanged but fully covered and attractive dividend yield. The year saw continuing progress with the strategy of repositioning the portfolio away from retail and recycling capital into more attractive oppo
18 Jul 2019
Town Centre Securities - Robust performance while delivering strategy
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Town Centre Securities - Robust performance while delivering strategy
Town Centre Securities PLC (TOWN:LON) | 142 5 2.5% | Mkt Cap: 59.7m
- Published:
18 Jul 2019 -
Author:
Martyn King -
Pages:
6
Town Centre Securities (TCS) will release its results for the year ending 30 June 2019 (FY19) on 24 September. Despite the tough retail environment, in a trading update the company states that the year ended in line with expectations. We expect a robust recurring earnings performance and an unchanged but fully covered and attractive dividend yield. The year saw continuing progress with the strategy of repositioning the portfolio away from retail and recycling capital into more attractive oppo