The Barkby Group PLC (GB:ROAD) has released an update.
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Roadside Real Estate PLC reports positive interim results, with a net profit of £3.38 million for the six months ending 31 March 2024, rebounding from previous losses. The company has made significant strides in its roadside real estate strategy, completing three joint venture acquisitions and focusing on expanding its high-quality, ESG-compliant portfolio. Additionally, Roadside successfully divested non-core investments and bolstered its balance sheet with a partial stake sale in Cambridge Sleep Sciences, contributing to its current financial stability.
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