StockMarketWire.com - LondonMetric swung to a first-half loss on lower property revaluation gains as economic and political uncertainty weighed on the property market.

For the six months ended 30 September 2019, the company reported a pre-tax loss of £10.7m, compared with a profit of £79.3m on-year and net rental income rose 16.6% to £54.9m.

Property revaluation gains fell to £16.6m from £51m a year earlier.

The company declared an interim dividend of 4.0p, up 5.3%.


At 8:58am: [LON:LMP] LondonMetric Property share price was +2.7p at 243.9p



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