Safestore Holdings (GB:SAFE) has released an update.
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Safestore Holdings reported a modest revenue growth of 1.8% in the fourth quarter of 2024, driven by strong performance in the UK and significant expansion in markets like Spain, Netherlands, and Belgium. Despite a slight decline in business customer demand, the company saw improvements in domestic occupancy, adding new stores and extending existing ones, which contributed to a 29% growth in its expansion markets for the year. The company remains optimistic about future revenue growth with plans for 26 new stores in the pipeline.
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