RTT News: LSL Property Services Full-year 2012 Profit Decreases
Thu 28 Feb 2013
LSL Property Services Full-year 2012 Profit Decreases - Quick Facts
LSL Property Services plc (LSL.L) reported that its full-year 2012 profit before tax decreased to 6.73 million pounds from 17.59 million pounds last year. Profit to owner of the parent decreased to 7.00 million pounds or 6.8 pence per share from 13.22 million pounds or 12.9 pence per share last year. The company incurred exceptional costs in 2012 of 21.4 million pounds. Adjusted profit per share was 23.8 pence, compared to 21.0 pence prior year.
Revenue increased to 243.845 million pounds from 218.381 million pounds last year. On a like-for-like basis, excluding Marsh and Parsons, revenue increased slightly to 216.6 million pounds from 215.7 million pounds last year. Group underlying operating profit increased by 13 percent to 35.1 million pounds from 31.1 million pounds last year, with the underlying operating profit margin of 14.4%