News Column

Mountview Estates Makes Strong Start To Financial Year

August 13, 2014

Anthony Tshibangu

LONDON (Alliance News) - Mountview Estates PLC Wednesday said it has made as strong start to its new financial year, with earnings per share in the three months to June up almost 60% compared with the corresponding period last year and revenue up 25%.

Despite its gains, the company said acquisitions have not been easy to find but it continues to seek opportunities and having re-financed its banking facilities it is well-funded. Gearing remains "modest" the company added.

The group's interim results, for the six months ending September 30, will be published on November 27.

Mountview Estates shares were quoted up 1.1% at 8,000.00 pence Wednesday morning.

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Source: Alliance News

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