Business
HALF YEAR RESULTS TO 30 JUNE 2024
HALF YEAR RESULTS TO 30 JUNE 2024.
About this update from Lsl Property Services Plc
[{"type":"text","content":"\n\n 18 September 2024\n \nLSL Property Services plc (\"LSL\" or \"Group\")\nHALF YEAR RESULTS TO 30 JUNE 2024\n \nLSL reports its results for the six months ended 30 June 2024 with Group Underlying Operating Profit of £14.4m (H1 2023: £3.2m). Results are in line with upgraded expectations as announced with the Preliminary results in April, and materially ahead of prior year. The Board's expectations for the full year remain unchanged.\nDavid Stewart, Group Chief Executive commented:\n\"Following a period of significant strategic transformation, we have delivered a robust financial performance in the first half of 2024 during a period in which our end markets have been fairly muted. Each of our businesses has achieved strong market share whilst focusing on delivering against our strategic priorities and putting in place a solid platform for future growth.\n \n\"Today, LSL is a more streamlined, agile Group comprising three strong businesses, each with attractive organic growth opportunities that are well positioned to capitalise from any further improvement in the housing and mortgage markets. Our focus is on maximising the performance of our businesses to deliver value to shareholders.\"\n \nSTRATEGIC AND OPERATIONAL HIGHLIGHTS\nFollowing the successful completion of our significant restructuring and trans...