Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.
Operating profit for U.K.s Lok'nStore is up by 95% to £857,300 in the six months ending January 31.
April 12, 2011
1 Min Read
Operating profit for U.K.s Lok'nStore is up by 95% to £857,300 in the six months ending January 31.
Revenue rose by 4.5 to £5.42 million, while group earnings before interest, taxes, depreciation and amortization increased by 17.7 percent to £1.71 million.
"In the first half of this year revenue, EBITDA, profit before tax and cash have all increased, evidencing the attractions of the self-storage sector and Lok'nStore's position within it, said CEO Andrew Jacobs. "We are delighted with Lok'nStore's strong performance in the first half of this year following last year's robust growth.
Sources:
Stock Market Wire : Lok’nStore Operating Profit Up 95.9%
You May Also Like
Self-Storage TV
Apr 17 - May 17, 2024
Apr 17 - May 17, 2024
NEW PODCAST! In this latest episode of “Sounds of Storage,” we talk with StoragePug's Tommy Nguyen about grassroots marketing, including what it entails for self-storage operators, why it’s making a “comeback,” and how to do it effectively.
LISTEN NOW