20 June 2024
LSL Property Services plc ("LSL" or
"Group")
AGM statement
LSL will hold its Annual General
Meeting (AGM) today in London at 10:00am at The Royal Lancaster
London, Lancaster Terrace, London, W2 2TY. At the AGM, LSL will
make the following comments:
LSL is in good shape and has a
strong platform for growth. We are benefiting from the strategic
transformation work completed last year and taking advantage of
improving market conditions.
In our recent Preliminary results
announcement, we reported that following the positive update we
issued on 6 March, trading remained ahead of expectations. We are
pleased to confirm that the Group has continued to trade well, with
the outlook for the full year in line and potentially slightly
better than our updated expectations reported at the time of the
Preliminary results announcement.
Our focus is on taking advantage of the
improved market conditions and optimising the performance of our
businesses, whilst keeping our eyes firmly on the need to deliver
value to shareholders. We are working hard to develop our plans and
we look forward to setting these out in more detail as these
progress.
The current performance of the Group underlines
the progress made since our last AGM. This is testament to the hard
work and commitment of management and staff, and the Board thanks
them for their efforts and support.
We look forward to providing a
further update at our Interim results in September.
For further
information, please contact:
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David Stewart, Group Chief Executive
Officer
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Adam Castleton, Group Chief Financial
Officer
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LSL Property
Services plc
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Helen Tarbet
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Sophie WIlls
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George Beale
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Buchanan
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LSL@buchanan.uk.com
/ 0207 466 5000
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Notes
on LSL
LSL is one of the largest providers
of services to mortgage intermediaries and estate agent
franchisees.
Its c.2,900 advisers represent around
11% of the total purchase and remortgage market.
Its 61 estate agency franchisees
operate in 308 territories.
LSL is also one of
the UK's largest providers of surveying and valuation
services, supplying seven out of the ten largest lenders in
the UK.
For further information please visit
LSL's website: lslps.co.uk