Source - SMW
Workspace Group boosted first-half profits after rental income jumped.

Pre-tax profit of £123.7m compared to £7.1m in the previous year and also benefited from a significant uplift in property valuations.

Net rental income rose 21% to £46.1m, resulting in 25% growth in adjusted trading profit after interest to £29.4m.

The company declared an interim dividend of 8.84p per share, up 30%.

"We have seen good customer demand in the first half of the year, driven by our ability to provide well connected, inspiring space on flexible terms to an increasingly wide range of businesses," chief executive Jamie Hopkins said.




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Workspace Group (WKP)

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