Lok'nStore posts strong full-year results

Lok’nStore

Lok’nStore Group has notched up a 34% rise in pretax profit for the year to 31 July, off the back of a 6.6% rise in revenue.

The self-storage company posted a pre-tax profit of £5.3m, compared with £4m the previous year. Revenue increased to £17.8m from £16.7m last year, and adjusted net asset value grew 15% to 480p a share from 416p.

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