Storage Group Big Yellow saw its shares rise 2% over Tuesday to 938.01p despite the company announcing a 22% drop in profit for the six months to the end of September.
The group said the decline in profit was due to a lower revaluation gain in the period. However, adjusted pre-tax profit was up 9% from a year ago to £33.3m.
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.