Company
Lok'nStore Group PLC
LON:LOK
Lok'nStore Group PLC is a United Kingdom-based self storage and related services company. The Company has 22 self storage centers across the south east of England, providing steel storage units, pallet or open storage, contract parking and offices to business and household customers. It has 725,000 square feet of storage space available in sizes from 12 square feet to 10,000 square feet. The Company's 4,500 customers range from householders to small businesses to government and charitable organizations to some of the national and multi-national.
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Lok'nStore Group continues good trading after July year-end
The firm raised the dividend by 8% to 13p per share after a “robust” year
Lok'nStore shares rise as it highlights strong trading year
"Against the current unsettled economic circumstances Lok'nStore's trading remains resilient with 6.3% growth in self-storage revenue," said Andrew Jacobs.
Lok'N'Store extends debt facility to fund expansion plans
Interest on the facility is just 1.50%-1.75% above the London interbank rate
Lok'n'Store raises dividend by 9% as trading holds up during lockdown
In March, self-storage revenue rose by 8.5% year-on-year
Lok’nStore boss confident of further growth as first-half profits double
Even excluding the profit made on the sale of its Saracen Datastore business in January, Lok’nStore still posted a 22% rise in first-half profit, driven by higher occupancy rates and prices
FTSE 100 closes higher after US inflation data
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Lok'n Store says recently opened stores are trading well
"We look forward to opening more new landmark stores and adding further momentum to sales and earnings growth," Andrew Jacobs, the chief executive officer of Lok’ Store said
Lok'n Store exits the document storage market
As a result of the disposal, the net asset value per share increases by 8p to 489p. Shares in Lok’n Store were up 2.5p at 405p in early deals
Lok'n Store unlocks share price growth as annual profit soars
The self-storage firm said that its adjusted net asset value per share increased by 15.3% to £4.80 during the year and that it had tightened its cost controls
FTSE 100 closes with strong gains but Budget provides little impetus for enthusiasm
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Interest rate decisions in the UK and US could spook investors in Halloween week
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