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LSL Property Services Posts Pretax Profit From Cont. Ops. In Full Year - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

LSL Property Services plc (LSL.L) reported profit before tax of 4.9 million pounds for the year ended 31 December 2023 compared to a loss of 23.8 million pounds, last year. Profit per share from continuing operations was 7.8 pence compared to a loss of 26.0 pence. Group underlying operating profit from continuing operations declined to 10.3 million pounds from 29.9 million pounds, previous year. Adjusted earnings per share was 7.5 pence compared to 27.2 pence.

For the year ended 31 December 2023, group revenue from continuing operations was 144.4 million pounds compared to 217.5 million pounds, last year. After adjusting for disposals and discontinued operations in Estate Agency, revenue was 10% below prior year.

The Board declared a final dividend of 7.4 pence per share, unchanged on last year, making a total dividend of 11.4 pence per share.

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