NewRiver slashes annual losses and returns to capital growth

Allan Lockhart

NewRiver REIT has slashed annual losses as the relaxation of Covid-19 restrictions boosted its figures during the year to the end of March.

IFRS loss after taxation fell from £150.5m to £26.6m, while basic earnings per share improved over the 12 months from -49.1p to -8.6p.

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