The UK's leading regeneration specialist
PROFIT BEFORE TAX
of £26.7m in the period (2009: loss of £98.3m)
RESUMPTION OF DIVIDENDS
with an interim payment of 1p per share
NET ASSETS PER SHARE
increase of 6.8% to 214p per share since 30th November 2009
REDUCTION IN NET DEBT
of £17.3m in the period
Half Year Review
During the period the Group has continued to trade profitably, reporting a trading profit of £8.3m (2009: £6.8m), and a pre-tax profit of £26.7m (2009: loss of £98.3m).
This result has been underpinned by an increase in net rental income received of 1.8% compared with H1 2009, and 6.1% compared with H2 2009.
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