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LAS — London & Associated Properties News Story

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FinancialsHighly SpeculativeMicro CapValue Trap

Brief: London & Associated Properties HY Profit, Rev Rises

Aug 24 (Reuters) - London & Associated Properties PLC
 LAS.L :
    * WIDENING SEARCH FOR NEW ASSETS
    * HY GROUP REVENUE, INCLUDING IFRS 10 SUBSIDIARIES INCREASED
BY
31% TO £26.6 MILLION FROM £20.2 MILLION
    * OVER TIME, CO WILL PIVOT AWAY FROM HAVING MAJORITY OF
PORTFOLIO
COMPRISED OF RETAIL ASSETS
    * DO NOT INTEND TO PAY A DIVIDEND AT HALF YEAR POINT
    * HY PROFIT BEFORE TAXATION 3.7 MILLION STG VERSUS 23,000
STG

Source text for Eikon:  ID:nPRrO531Ca 
Further company coverage:  LAS.L 

 (Reporting by Tanishaa Nadkar)
 ((Tanishaa.Nadkar@thomsonreuters.com;))

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