CLS's share price falls 7%

Finance

Source: freeimages.com

CLS Holdings saw its share price drop 6.9% on Wednesday to 220.5p after reporting a £64.9m fall in profit from £119.4m a year earlier when the company sold its Vauxhall Square investment.

However the net asset value of the company’s portfolio rose by £82.3m to £1.88bn, while the interim dividend was increased by 7.3% to 2.20p a share.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

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