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London & Associated Properties Reports £2.8 Million Profit for 2024

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An update from London And Associated Properties ( (GB:LAS) ) is now available.

London & Associated Properties PLC, a company involved in property investment and management, reported a profit after tax of £2.8 million for the year ending December 31, 2024, a significant turnaround from the previous year’s loss of £3.8 million. The company saw an increase in the value of its investment properties by £1.8 million and a rise in like-for-like rental income by 3.0% to £3.5 million. The occupancy levels remained high at 96.4%, and rent collection improved to 94% in Q1 2025. These results reflect the resilience and strategic management of the company’s property portfolio.

More about London And Associated Properties

YTD Price Performance: -8.11%

Average Trading Volume: 7,905

Technical Sentiment Signal: Buy

Current Market Cap: £7.25M

For a thorough assessment of LAS stock, go to TipRanks’ Stock Analysis page.

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