Business
Interim Results
Interim Results.
About this update from Trafalgar Property Group Plc
[{"type":"text","content":"\n \nRNS Number : 5511X Trafalgar Property Group PLC 19 December 2019 \n\n 19th December 2019\n \n \nTRAFALGAR PROPERTY GROUP PLC \n(\"Trafalgar\", the \"Company\" or \"Group\")\n \nInterim Results\nfor the six months ended 30 September 2019\n \nTrafalgar (AIM: TRAF), the AIM quoted residential property developer operating in southeast England, announces its interim results for the six months ended 30 September 2019 (the \"Period\").\n \nKey financials:\n \n· Turnover for the Period was £2,286,000 (H1 2018: £ 1,780,000);\n· Gross loss of £145,000, giving a pre-tax loss of £528,000 after overheads (H1 2018: nil, pre-tax loss: £224,000);\n· EPS of (0.11p) (H1 2018: (0.05p)); and\n· Cash in bank at period end was £27,780 (2018: £16,178); as at 18 December 2019 cash in bank was £14,000.\n \nCopies of the interim report will be available later today on the Company's website, www.trafalgarproperty.group\n \n \nEnquiries:\n \n\n\n\n\nTrafalgar Property Group Plc\nChristopher Johnson\n \n\n\n+44 (0) 1732 700 000\n\n\n\n\nSpark Advisory Partners Ltd -AIM Nominated Adviser and Broker\nMatt Davis\n \n\n\n+44 (0) 20 3368 3550\n\n\n\n\n \n\n\n \n \n\n\n\n\n \nNotes to Editors:\n \nTrafalgar Property Group Plc is the holding company of Trafalgar New Homes Limited, a residential property developer operating in the southeast of England and Trafalgar Retirement + Limited, a property developer in the assisted living and extra care for the elderly sector. The founders have a long track record of developing new and refurbished homes, principally in Kent. \n \nThe Company's focus is on the select acquisition of land for residential property development. The Company outsources all development activities, for example the obtaining of planning permission, design and construction, and uses fixed price build contracts, enabling it to tightly control its development and overhead costs.\n \n \nFor further information visit www.trafalgarproperty.group\n \n \nCHIEF EXECUTIVE'S REPORT\n \nI present the Company's Interim Results for the six month period to 30th September 2019. Revenue for the period wa...