Revenue up, adjusted earnings down for Lok'nStore
22nd Apr 2024 14:35
(Sharecast News) - Self-storage operator Lok'nStore Group reported a 4.3% increase in revenue in its interim results on Monday, to £14.17m, with headline self-storage revenue rising 4.9% to £13.33m.
Read moreLondon close: Stocks finish lower as ECB stands pat
11th Apr 2024 15:56
(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.
Read moreShurgard to buy Lok'nStore in £378m deal
11th Apr 2024 07:42
(Sharecast News) - Self-storage firm Lok'nStore said on Thursday that it has agreed to be bought by Belgian rival Shurgard in a £378m deal.
Read moreLok'nStore reports positive first-half progress
20th Feb 2024 14:36
(Sharecast News) - Self-storage operator Lok'nStore reported a continued positive trajectory in its operations in a first-half trading update on Tuesday.
Read moreLok'nStore reports robust same-store performance
30th Oct 2023 08:29
(Sharecast News) - Self-storage operator Lok'nStore reported a robust performance in its preliminary results on Monday, as same-store self-storage revenue increased 12.1% to £25.3m.
Read moreLok'nStore describes strong year of trading
14th Aug 2023 09:05
(Sharecast News) - Self-storage operator Lok'nStore updated the market on its trading for the financial year just ended on Monday, reporting robust revenue growth amid its ongoing expansion.
Read moreDirector dealings: Savannah non-exec invests, Lok'nStore director sells holding
21st Jul 2023 10:07
(Sharecast News) - Lithium developer Savannah Resources was on the list of director buys on Friday, after a non-executive director picked up almost half a million shares.
Read moreLok'nStore buys Eastbourne site with share placing funds
17th Jul 2023 13:37
(Sharecast News) - Self-storage operator Lok'nStore Group announced the first deployment of capital from its recent placing on Monday, as it acquired a new 60,000 square-foot freehold 'landmark' site in Eastbourne, Sussex.
Read moreLokn' Store raises £20.5m to support expansion plans
7th Jul 2023 09:55
(Sharecast News) - UK self-storage chain Lok'n Store Group successfully completed a fundraising initiative on Friday, generating total gross proceeds of £20.5m.
Read moreLok'nStore reports positive trading as site count expands
28th Jun 2023 12:41
(Sharecast News) - Self-storage operator Lok'nStore Group announced a number of significant developments in an update on Wednesday, including the opening of a new landmark freehold store in Peterborough, positive planning permission news for two landmark freehold pipeline sites, and continued strong trading in the second half.
Read moreSunday share tips: Eden Research, Lok'nStore
4th Jun 2023 15:02
(Sharecast News) - The Financial Mail on Sunday's Midas column told readers that shares of Eden Research should more than quintuple in price as it reaps the fruits of its "huge" progress in recent times.
Read moreLok'nStore upbeat on progress with property pipeline
24th May 2023 12:46
(Sharecast News) - Self-storage operator Lok'nStore Group announced a series of transactions in a pipeline update on Wednesday, including the completion of a new 20-year lease for its existing store in Eastbourne.
Read moreLok'nStore pleased with same-store performance in first half
24th Apr 2023 10:19
(Sharecast News) - Self-storage specialist Lok'nStore Group reported an 11.2% increase in its same-store group revenue in its interim results on Monday, to £13.22m, while its same-store group adjusted EBITDA increased 8.9% to £7.79m.
Read moreLok'nStore same-store revenues up, warns of increased cost pressures
13th Feb 2023 07:14
(Sharecast News) - Self-storage company Lok'nStore said on Monday that same-store revenues had risen in the six months ended 31 January but saw shares head south in early trading after it warned of heightened costs.
Read moreLok'nStore reports record full-year revenue and profits
31st Oct 2022 12:00
(Sharecast News) - Self-storage operator Lok'nStore reported record revenue and profits in its preliminary results on Monday, as it hiked its dividend by 15%.
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