Get in touch
Speak to us now on live chat
Speak to someone on the phone
We can call you
Send us an email
Go Back
Call us today:
If you wanted to speak to a local expert, please go here to contact a specific branch.
Please provide us with the below details and one of our local experts will be in contact.
Please provide us with the below details and one of our local experts will be in contact.
Thank you for providing us with your contact details, one of our local experts will be in contact.
Please provide us with the below details and one of our local experts will be in contact.
Please provide us with the below details and one of our local experts will be in contact.
Call us today:
If you wanted to speak to a local expert, please go here to contact a specific branch.
Thank you for providing us with your contact details, one of our local experts will be in contact.
Fill in the form below to get in touch
We received your message. Our expert local team will review your details and get back to you shortly.
If you need any more information call us on
Buy
Selling
Rent
Landlords
New Homes
Land & Investment
Area Guides
Offices
Contact Us
Request Valuation
Award-winning customer service
Rated 4.9 out of 5 by our customers
Established in London since 1856
Local know-how, better results
North London
South London
Buy
Selling
Rent
Landlords
New Homes
Land & Investment
Area Guides
Offices
Contact Us
Main Menu
Buying Services
Selling Services
Award-winning customer service
Rated 4.9 out of 5 by our customers
Established in London since 1856
Local know-how, better results
Renting Services
Featured new homes
West London
North London
South London
Central London
Home » DJ LSL Property Services Had Strong 2H; Sees Underlying Profit Above 2014
Request Valuation
If you are interested in both a sales and rental valuation, please select Sales.
LONDON–LSL Property Services PLC (LSL.LN) said Thursday it had a strong second half performance across the group and anticipates 2015 group underlying operating profit to be slightly ahead of last year.
The provider of residential property services incorporating both estate agency and surveying businesses added that it has a strong balance sheet, strong levels of cash generation and is well placed to increase shareholder value through continuing to deliver on its strategy.
At Dec. 31, 2015 the group had net banking debt of 39.9 million pounds ($56.51 million). Group underlying operating profit, which strips out exceptional and other one-off items, for 2014 was GBP42.0 million. LSL said it remains committed to its estate agency division strategy of increasing operating profit per branch;expanding the number of Marsh & Parsons branches; growing recurring lettings revenue streams; and evaluating selective acquisitions.
In the surveying division the board continues to focus on maximising revenue generation from B2B customers, optimising capacity management and enhancing the use of technology across the business, the company added.Earnings for the year ended Dec. 31, will be announced Mar. 3.Shares at 0820 GMT up 20.5 pence, or 8.53%, at 260.75 pence.
Marsh & Parsons is registered in England (Company No. 05377981) Registered office address: 80 Hammersmith Road, London, W14 8UD (VAT No. GB 231 0965 32) | Copyright © Marsh & Parsons 2024
Client Money Protection is provided by RICS. The redress scheme for Marsh & Parsons is The Property Ombudsman Scheme. Calls may be recorded and/or monitored for training and/or data protection purposes. We are members of The Property Ombudsman (TPO), there to protect your interests. We abide by the TPO code of conduct.
We may refer you to recommended providers of ancillary services such as Financial Services and Insurance. We may receive a referral fee for recommending their services. You are not under any obligation to use the services of the recommended provider, which may also be an associated company of Marsh & Parsons.