Lok’n’Store shares climb following results

By Frances Ivens 2018-10-30T07:11:00

Source: Shutterstock/Vectorfusionart

Shares in Lok’n’Store rose 9.36% on Monday to 409.0p after the storage company announced a 34% rise in pretax profit for the year to 31 July, off the back of a 6.6% rise in revenue.

The company raised the final dividend to 7.67p a share from 7p, bringing the full-year dividend to 11p a share from 10p in 2017.

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