First Property Share News (FPO)

EARNINGS AND TRADING: STV swings to profit; Kitwave enjoys busy summer

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

LONDON MARKET CLOSE: Stocks suffer as commodity sell-off gathers pace

(Alliance News) - London's FTSE 100 fell sharply on Tuesday as mining and oil stocks slid and figures showed a further drop in manufacturing activity in the US.

LONDON MARKET MIDDAY: Stocks slip as market readies for US data

(Alliance News) - Stock prices in London were lower at midday on Tuesday, as cautious sentiment prevailed ahead of the next set of data from the US this afternoon.

AIM WINNERS & LOSERS: Craneware delivers ahead of expectations

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday.

EARNINGS AND TRADING: Seeing Machines agrees new deal with Caterpillar

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

First Property swings to full-year loss

(Sharecast News) - UK and central Europe-focussed property fund manager and investor First Property Group reported a statutory loss before tax of £4.41m in its preliminary results on Wednesday, swinging from a £2.49m profit before tax recorded in the prior year.

First Property warns of loss in year just ended

(Sharecast News) - First Property Group said in an update on Friday that its underlying trading profits for the year ended 31 March were expected to align with market forecasts.

First Property Group expecting a loss despite solid annual performance

(Alliance News) - First Property Group PLC on Friday said that trading was in line with expectations for its recent financial year, though the firm added that its results will reflect a write down on a major holding and impairment charges on a Polish property.

First Property swings to interim loss but optimistic on Warsaw demand

(Alliance News) - First Property Group PLC on Thursday reported it swung to an interim loss as it made no profit from the sale of investment properties, as it did a year prior.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: First Property tips annual outcome in line but interim loss

First Property Group PLC - London-based property fund manager and investor - Reports underlying trading profit for year to March 31 tipped to be "in line with market forecasts". First Property adds: "Nearly one third of the vacant office space in Warsaw and Gdynia, which the group acquired in 2021 and 2022, and which totalled some 20,000 square metres, has been leased. Tenant demand remains steady in both cities. The rapid increase in interest rates from near zero in 2021 has naturally impacted property values. The group has been shielded from much of this by its accounting policy of holding properties at the lower of cost or value." First Property expects to report a loss for the first-half of the financial year, however. Fprop Opportunities PLC, a fund invested in five commercial properties in Poland, saw properties it owns decrease in value by GBP2.2 million, of which First Property's share amounted to GBP816,000.

First Property Group expects to report interim loss

(Sharecast News) - Property investor First Property Group said on Wednesday that it expects to report an interim loss, principally as a result of its interest in Fprop Opportunities.

First Property leases further 3.7% of Gdynia building office space

(Alliance News) - First Property Group PLC on Monday said it has leased a further 512 square metres or 3.7% of its office building in Gdynia, Poland to freight company Alfa Forwarding Ltd.

First Property inks another lease at Gdynia asset

(Sharecast News) - First Property Group updated the market on leasing progress at its office building in Gdynia, Poland, on Monday.