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Lok N Store Information
Share Price Information for Lok N Store (LOK)
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Share Price:
1,105.00
Bid:
1,100.00
Ask:
1,110.00
Change:
0.00 (0.00%)
Spread:
10.00 (0.909%)
Open:
1,105.00
High:
1,110.00
Low:
1,100.00
Prev. Close:
1,105.00
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Don't have an account? Click here to register.Lok'n Store H1 EBITDA rises 15%
Mon, 26th Apr 2010 07:48
Lok'n Store Group increased half year EBITDA and issued an upbeat outlook on the UK self-storage market, saying it is well positioned within it.Group EBITDA was up 14.5% to £1.45m for the six months to 31 January 2010 while revenue rose 1.8% to £5.19m. Operating profit during the six months surged 77% to £438,058."Lok'nStore has performed well in difficult economic conditions and we are encouraged by current business," the group said in a company statement. Looking ahead it added, "While economic conditions appear to have stabilised we will continue to focus on growing the cash flow from the existing portfolio by increasing occupancy, revenues, and controlling costs. Self-storage remains an attractive growth market in the UK and Lok'nStore remains well positioned within it."An interim dividend of 0.33p per share has been recommended compared to no dividend the same time a year earlier.
More News
18 Apr 2016 15:05
8 Feb 2016 15:12
Lok'nStore indicates positive growth in first half
(ShareCast News) - Lok'nStore Group's growth strategy was paying off, as the company indicated positive movement in the six months to 31 January, ahead of its interim results. The AIM-traded self-storage business with 25 locations in the South East of England said on Monday that, following a solid p
Read more30 Nov 2015 09:08
19 Oct 2015 12:10
Lok'nStore posts record financial results
(ShareCast News) - Lok'nStore Group has had a record year, boosted by growth from a number of new stores. The AIM listed self-storage company posted its full year results to 31 July. Revenue was up nearly 11% to £15.42m, while adjusted EBITDA was up 23.1% to £5.68m. That contributed to a pre-tax p
Read more11 Aug 2015 08:56
Lok 'n Store's annual revenue climbs on expansion plans
(ShareCast News) - Self-storage provider Lok'n Store Group saw revenues rise this year, while new store openings are expecting to further boost sales and earnings. In the 12 months to 31 July, the London-listed group reported a 12% year-on-year rise in revenue, as occupancy grew 0.6% and price per l
Read more11 Aug 2015 06:59
4 Aug 2015 12:33
Lok'n Store receives additional payment for sale of Reading facility
(ShareCast News) - Self-storage provider Lok'n Store Group has received £2m from the buyer of its former storage facility in Reading, after it agreed to default its rights to receive additional payments related to the sale of the property. The London-listed property received £2.9m upon completion of
Read more