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IN BRIEF: Belvoir shares rise on higher annual profit and revenue

4th Apr 2022 13:58

Belvoir Group PLC - Lincolnshire, England-based property franchise group - Records a pretax profit of GBP9.3 million in 2021, up 39% versus GBP6.7 million in 2020. Annual revenue increases 37% to GBP29.6 million from GBP21.7 million. Attributes this to growth across all three markets. Declares a final dividend of 4.4 pence, bringing its annual dividend to 8.5p, up 18% year-on-year from 7.2p. Cautions inflationary pressures and geopolitical uncertainty with the invasion of Ukraine. Notes that it is still confident in further progress in 2022.

Current stock price: 267.90 pence, up 5.1% on Monday

12-month change: up 28%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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