- Property company LondonMetric upped its dividend after swinging to a first-half profit thanks an uptick in rental income and portfolio revaluation gains. For the six months ended 30 September 2020, pre-tax profit was £85.4 million compared with a loss of £10.7 million a year earlier as revenue rose to £60.7m from £53.5m. The company reported a portfolio revaluation gain of £42.8 million compared with £16.6m last year. Net rental income was up 12% to £61.3m and EPRA earnings were up 20% to £42.3m. The company lifted its interim to 4.2p a share from 4p last year.

At 8:30am: [LON:LMP] Londonmetric Property PLC share price was 0p at 229.2p

Story provided by