By David Parsley2019-05-22T07:58:00
U+I has posted a fall in net asset value (NAV) as debt rose and profit plummeted in the 13 months to the end of March.
NAV per share fell during the period from 303p to 289p, while debt rose to £139m from £119.1m, resulting in a gearing of 38.6%. Pre-tax profit fell from £48.2m to £6.3m.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
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.