U and I Group said its first-half losses narrowed and that it was on track to deliver full-year development and trading gains in line with existing guidance.
The company booked a pre-tax loss of £3.3m, compared to a £11.7m loss in the previous corresponding period.
It declared an interim dividend of 2.4p per share, unchanged from the previous year.
"We are delivering on our targets, realising gains of £9.4 million since 28 February 2017 to date, and we are confident that we can meet our full year target of £65-£70 million of development and trading gains for the year," chief executive Matthew Weiner said.
At 9:10am: (LON:UAI) U and I Group Plc share price was -2.5p at 184.5p