1st Oct 2013 08:11
LONDON (Alliance News) - St. Modwen Properties PLC said Tuesday it had continued to perform strongly since its half-year results, and its full-year profits and cash flows remained consistent with management expectations.
In an interim management statement, the property regeneration company said that whilst recovery in some areas of the market remains slow, improving consumer sentiment and UK government support schemes were contributing to a more positive outlook than it had seen for some time.
St. Modwen shares were trading up 1.7% at 309.10 pence Tuesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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