Business
Preliminary Results: year ended 31 March 2022
Preliminary Results: year ended 31 March 2022.
About this update from Mountview Estates P.l.c.
[{"type":"text","content":"\n \n \n Mountview Estates PLC\n \n \n 16 June 2022\n \n \n \n \n \n \n \n \n \n \n \n MOUNTVIEW ESTATES P.L.C.\n \n \n \n \n \n \n \n \n \n Preliminary Results for the year ended 31 March 2022\n \n \n \n \n \n \n \n \n \n \n CHIEF EXECUTIVE OFFICER'S STATEMENT\n \n \n \n \n \n \n After two years of Covid constrained activity it is to be hoped that our lives may now resume more normal levels of activity. Most of those operating in the property industry found ways of circumventing the various difficulties presented by the last two years and may even have found methodology that serves them better.\n \n \n \n \n \n Our turnover for last year shows a modest increase but increases in the cost of the properties sold and the cost of maintenance where we had previously been unable to enter properties because of Covid have been the main contributors to a thirteen per cent fall in Earnings per Share. Nevertheless none of this does anything to undermine the financial stability of the Company and your Board remain confident enough to recommend an increased final dividend of 250 pence per share.\n \n \n \n \n \n If shareholders approve the final dividend at the Annual General Meeting on 10 August 2022 it will be payable on 15 August 2022 to shareholders on the register at 8 July 2022.\n \n \n \n \n \n Mountview may be considered to have been merely in the right place at the right time these last two years but we are a small workforce who have worked hard, adapting as necessary, to stay in that right place. I thank my staff and colleagues for their hard work and loyalty and believe that the future prosperity of the Company should reward them and allow them to be protected from the ravages that the economy may inflict upon us.\n \n \n \n \n \n \n \n \n \n \n \n Duncan Sinclair\n \n \n 16 June 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n MOUNTVIEW ESTATES P.L.C.\n \n \n \n \n FINANCIAL HIGHLIGHTS\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 2021\n \n \n \n \n \n \n \n \n \n Increase/\n \n \n \n \n (Decrease)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n ...