This site is part of the Global Exhibitions Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.


Operating Profit Up 95% for UK Self-Storage Operator Lok'nStore


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.”


comments powered by Disqus