By David Parsley2019-06-18T07:24:00
Profit at storage group Safestore has more than halved in the first six months of the financial year, but the group maintained it is still on course to hit targets for the full year.
Pre-tax profit fell 53% to £38.2m in the half-year to the end of April, off the back of a 5.6% rise in revenue to £73.1m. The fall was put down to reduced gain on investment properties of £7.9m, compared to £51.8m after the same period in 2018.
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
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
Site powered by Webvision Cloud