Brief: Workspace Group Sets Medium-Term Ambition To Deliver Over £125M Trading Profit Before Interest
BRIEF-Workspace Group Sets Medium-Term Ambition To Deliver Over £125M Trading Profit Before Interest June 10 (Reuters) - Workspace Group PLC WKP.L:
WORKSPACE GRP PLC - TRANSFORMING TO AN EARNINGS-FOCUSED BUSINESS
WORKSPACE - SETS MEDIUM-TERM AMBITION TO DELIVER OVER £125M TRADING PROFIT BEFORE INTEREST
WORKSPACE - £100M+ OF ADDITIONAL DISPOSALS UNDER CONSIDERATION
WORKSPACE - CAN COVER ALL OF OUR DEBT MATURITIES UNTIL MARCH 2028 USING EXISTING UNDRAWN FACILITIES, WE ARE ACTIVELY REVIEWING OUR REFINANCING OPTIONS
WORKSPACE - WE HAVE SET OURSELVES A MEDIUM-TERM AMBITION TO GENERATE, ORGANICALLY, OVER £125M OF ANNUAL TRADING PROFIT BEFORE INTEREST
WORKSPACE - FY STABILISED PORTFOLIO RENT ROLL DOWN 4.6% TO £108.3M
WORKSPACE - FY STABILISED PORTFOLIO OCCUPANCY AT 81.6%
Source text: ID:nRSJ6623Ha
Further company coverage: WKP.L
((Reuters.Briefs@thomsonreuters.com;))
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