Lok'nStore reports 21.3% profit rise for interim results


Lok’nStore has reported a 5.7% revenue rise for its interim results up to 31 January 2018, while pre-tax profit totalled £2.55m, up 21.3% on the year before.

 The self-storage company saw revenue grow to £8.82m for the six months up to the end of January. Operating costs fell over the period by 1.4% to £4.8m but net debt rose 40.67% to £23.45m from £16.67m last year.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue