REG - LSL Property Svcs. - AGM statement

LSL Property ServicesAnnouncement

20/06/2024 07:00

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RNS Number : 1316T  LSL Property Services PLC  20 June 2024

 
20 June 2024

 

LSL Property Services plc ("LSL" or "Group")

 

AGM statement

LSL will hold its Annual General Meeting (AGM) today in London at 10:00am at
The Royal Lancaster London, Lancaster Terrace, London, W2 2TY. At the AGM, LSL
will make the following comments:

LSL is in good shape and has a strong platform for growth. We are benefiting
from the strategic transformation work completed last year and taking
advantage of improving market conditions.

In our recent Preliminary results announcement, we reported that following the
positive update we issued on 6 March, trading remained ahead of expectations.
We are pleased to confirm that the Group has continued to trade well, with the
outlook for the full year in line and potentially slightly better than our
updated expectations reported at the time of the Preliminary results
announcement.

Our focus is on taking advantage of the improved market conditions and
optimising the performance of our businesses, whilst keeping our eyes firmly
on the need to deliver value to shareholders. We are working hard to develop
our plans and we look forward to setting these out in more detail as these
progress.

 

The current performance of the Group underlines the progress made since our
last AGM. This is testament to the hard work and commitment of management and
staff, and the Board thanks them for their efforts and support.

We look forward to providing a further update at our Interim results in
September.

For further information, please contact:

 

 David Stewart, Group Chief Executive Officer
 Adam Castleton, Group Chief Financial Officer
 LSL Property Services plc

 Helen Tarbet
 Sophie WIlls
 George Beale
 Buchanan                                       LSL@buchanan.uk.com (mailto:LSL@buchanan.uk.com) / 0207 466 5000

 

Notes on LSL

LSL is one of the largest providers of services to mortgage intermediaries and
estate agent franchisees.

 

Its c.2,900 advisers represent around 11% of the total purchase and remortgage
market.

 

Its 61 estate agency franchisees operate in 308 territories.

 

LSL is also one of the UK's largest providers of surveying and valuation
services, supplying seven out of the ten largest lenders in the UK.

 

For further information please visit LSL's website: lslps.co.uk
(http://www.lslps.co.uk/)

 

 

 

 

 

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