LondonMetric shares buoyed by annual results

FTSE 100 image

LondonMetric Property climbed 1.56% on the FTSE 250 to 194.90p on Wednesday on the back of its annual results which revealed a 10.3% rise in net asset value and a 15.9% jump in earnings.

Net rental income was up to 10.8% to £90.6m, and reported profit came in at £186m, driven by £121.6m revaluation surplus, reflecting a 7.1% valuation uplift to £1.84bn.

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 £6 per week.

Registered users and subscribers SIGN IN here to continue