Telford shares rise 3.51%

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Telford Homes saw its share price rise 3.51% to on Wednesday after the housebuilder announced a 31% rise in revenue to £129.6m for the six months to 30 September, while pre-tax profit was up 16% to £10.1m, compared to £8.7m at the same point last year.

By contrast London Metric’s shares fell 0.11% despite net rental income growing 5.8% to £47.1m during the six months, while reported profit was £79.3m and EPRA earnings was up 7.3% to £30.9m.

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