Safestore rises with Q1 revenue boost from robust UK demand

Safestore Holdings

20/02/2025 09:01

** UK's Safestore  SAFE.L  up 3.2 % at 603 pence
    ** Stock among top gainers on FTSE mid-cap index  .FTMC  
    ** Self-storage firm posts 3.5% jump in Q1 group revenue to
56.7 mln pounds ($71.5 mln) in constant exchange rates
    ** Group like-for-like sales rise 2.9%, with UK up 1.2%
    ** The day's gains help stock cut 12-month losses to ~24%
 
 ($1 = 0.7935 pounds)

 (Reporting by Judes Joseph in Bengaluru)
 ((judes.joseph@thomsonreuters.com;))