Profits Up for Lok’nStore

Lok’nStore Group PLC, one of the leading companies in the U.K. self-storage market, announced interim results for the six months ending January 2006. The company operates 21 freehold and leasehold storage centers in the Southeast. Turnover increased by 10.2 percent to £4.28 million. Operating profit rose by 59 percent to £510,975. Profit before tax increased 102 percent. The company opened two new large freehold stores in Hampshire and Kent, adding 16 percent to total capacity. The new facility in Farnborough is Lok’nStore’s first purpose-built site. For more information, visit www.locknstore.co.uk.