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.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue