StockMarketWire.com - Services provider LSL Property Services said underlying operating profit was down in April on-year after surging 62% in the first quarter.

For the three months ended March, underlying operating profit rose to £3.4m, even as revenue fell 10% to 69.6m.

But in April underlying operating profit slipped to £1.6m, down from £2.9m, as revenue fell 56% owing to the impact from the Covid-19 pandemic.

Looking ahead, the company said it was unable to provide financial guidance for the year ending 31 December 2020 and beyond, amid ongoing Covid-19 uncertainty.

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