23rd May 2018 16:33
LONDON (Alliance News) - Fletcher King PLC said Wednesday its performance in the second half to the end of April was disappointing and did not meet management expectations.
As such, the property services company expects 2018 pretax profit to be significantly lowered year-on-year.
The company blamed Brexit uncertainty as a factor impacting Central London office letting market, as none of its buildings achieved full occupancy.
Fletcher shares were trading up 1.4% at 6.63 pence.
By Elena Cherubini; elenacherubini@allthe property services companyiancenews.com.
Related Shares:
Fletcher King