LSL Property Services Reports First-Half Revenue Growth, Dividend Confirmed
By EC Assets · Published
LSL Property Services recorded a 3% increase in revenue during its first half. The company's Measurement and Valuation division saw its revenue grow by 6%, reaching £56.2 million from £53.2 million in the first half of 2025. This division's core operating profit rose by 11%, with its margin expanding by 100 basis points to 23.3%. In contrast, LSL Property Services' financial services division experienced a 3% decline in total revenue, falling to £22.8 million. The core operating profit for this division decreased by £0.9 million to £3.4 million. Mortgage lending revenue within the financial services division did increase by 8%. The company noted that income per adviser improved, and its market share remained stable. Adam Castleton, LSL's Group CEO, presented the interim results. David Wolffe, Interim Group CFO, was also present during the presentation. Investors in LSL Property Services (LON:LSL) have observed a 51% return over the past five years. However, the company's share price declined by 11% in the last month. The board of LSL Property Services has affirmed a dividend of £0.04 per share, payable on November 7. This dividend translates to a yield of 4.0%. The company has also announced share transactions for its directors under a Share Incentive Plan (SIP). This article is intended for informational purposes only. It does not constitute investment advice.
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