Company Tag: LSL
LSL reports ‘very strong’ estate agency income in January and February
At the end of January, LSL's residential sales exchange pipeline remained over 50% ahead of the the same period in 2020
LSL expects 2020’s operating profits to be ‘significantly ahead’ of 2019
Property Plc's full year revenue dropped 15% from 2019 to 2020 - but "very strong trading" at the end of the year helped push profits up.
LSL reports 18% revenue slump
The Marsh & Parsons owner said group revenues fell significantly in the first ten months of the year, but still expects underlying operating profit to come in ahead of 2019.
Post-lockdown bounce gives LSL cause for optimism
Property services group 'increasingly optimistic about market conditions' after strong trading in June & July; restarts marketing as focus turns to 'investing for future growth'
LSL gets back to business after suffering heavy lockdown toll
Property services group brings back nearly half of all furloughed staff and reopens 207 out of its 231 estate agency branches
New chief for LSL as Crabb steps down
David Stewart has taken over from Ian Crabb as Group Chief Executive Officer of LSL Property Services Plc with immediate effect.
LSL scraps dividend and cuts costs amid ‘unprecedented’ market conditions
The property services group is taking 'prompt decisive self-help actions' to help see it through the current crisis
LSL ‘does not intend to make an offer for Countrywide’
Estate agency mega-merger taken off the table for now as LSL pulls out.
LSL trumpets ‘highly resilient’ performance as estate agency revenue drops; warns on coronavirus impact
There's a lot going on in LSL's latest update to shareholders, with Countrywide merger talks ongoing, the impact of last year's dramatic network downsizing revealed, and a warning that the spread of the…
Countrywide & LSL confirm plot for property industry mega-merger
LSL and Countrywide - which operate around 1,000 estate agency branches between them, including Marsh & Parsons, Hamptons and John D Wood - are reported to be in "serious" discussions about merging
LSL reports 16% fall in estate agency revenue
Your Move and Reeds Rains closures hit group's bottom line, but London agency Marsh & Parsons manages to deliver a 'resilient performance'; group underlying operating profit still expected to come in …
London posts highest monthly price rise since September 2017
'The turnaround in the direction of price movements is now becoming a more permanent feature', note LSL & Acadata