LSL Property Services Posts Strong Half-Year Growth

LSL Property Services (GB:LSL) has released an update.

LSL Property Services has reported a significant increase in half-year profits to £14.4 million, up from £3.2 million the previous year, with a revenue boost of 18% to £85.4 million. The company credits this strong financial performance to a strategic transformation completed in 2023, which has led to a more streamlined operation and market share growth across all divisions. Despite a generally subdued market environment, LSL’s interim dividend has been maintained at 4p per share, reflecting confidence in the firm’s future growth and stability.

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