Source - SMW
Hunters Property's revenues rose 26% to £6.6m in the six months to the end of June.

Adjusted operating profit increased by 107% to £923,000 and adjusted profit before tax rose by 134% to £807,000.

Adjusted earnings per share rose by 61% to 2.52p and the interim dividend is up 20% to 0.6p per share.

Managing director Glynis Frew said: "We have delivered strong results in the six months to June 2016 bolstered by growth in the franchise network and we are encouraged by the robust pipeline of future franchisees interested in joining the network. 

"The EU referendum has reduced some activity levels in the market, particularly in London and the South East. However in the wider UK market, which mirrors our national structure, activity is more encouraging and there has been less or little evidence of a downturn. Branch performance has improved on average and in lettings in particular. 

"The first half included a full contribution from Country Properties. The second half of 2016 has started strongly. We are delighted that our lenders, HSBC, see the exciting potential and growth in our business and have made a new line of credit available to the Group to deliver on its growth strategy and we are confident of our growth prospects and meeting our expectations for the full year.

At 9:32am: (LON:HUNT) Hunters Property Plc share price was +1.13p at 73.63p

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