PropertyEU

St Modwen's profits surge

By A staff reporter 2007-07-09T00:00:00

St Modwen Properties, a leading regeneration specialist in the UK, has posted a 48% increase in first-half pre-tax profits to £65 mln (EUR 96 mln). Earnings per share were up 60% at 42.8 pence and net assets per share increased by 12% to 361 pence since 30 November 2006.

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