LSL Property Services

LSL reported H1 2026 revenue up 3% to £92.3m and an adjusted operating profit up 11% to £15.9m. Adjusted diluted earnings per share rose 14% to £0.117, supported by cost control, more follow-on financing and a higher margin in the real estate and mortgage business. Valuation metrics (P/E 15.86, EV/EBITDA 7.3) point to undervaluation according to InvestingPro; the stock rose 2.8% pre-market to $257. » More on de.investing.com

Darrell Evans, a director of LSL Property Services, on Wednesday purchased 2,581 ordinary shares at £2.46245 per share on the London Stock Exchange. The purchase was a routine reinvestment of part of his remuneration as chairman of a group subsidiary and is in line with LSL’s remuneration policy. After the transaction Evans holds a total of 2,581 ordinary shares; the disclosure was made pursuant to Article 19 of the UK Market Abuse Regulation. » More on de.investing.com

LSL Property Services supports the roadmap presented by the British government to modernize the buying and selling process for residential property. The planned measures aim for more upfront information, increased transparency, better use of property data, digitization and higher professional standards. LSL will use its insights into the market and transaction ecosystem and coordinate closely with policymakers and industry partners on implementation. » More on de.investing.com

At LSL Property Services' annual general meeting almost all resolutions were passed; a motion to authorise shortened notice periods (resolution 20) was withdrawn after reviewing votes received in advance. The final dividend of 7.4 pence per ordinary share, the audited 2025 accounts and the reappointment of the auditor each received around 99.99% approval. All directors were elected or re-elected, with Gaby Appleton receiving the lowest support at 79.17%; the remuneration report was approved with 85.30%. The board will review the votes against, engage with shareholders and publish an update under the UK Corporate Governance Code within six months. » More on de.investing.com

LSL Property reports an adjusted operating result of £32.6m for fiscal 2025 (+17%) on revenue of £182.9m (+6%) and an operating margin of 18% (up 180 basis points). Mortgage new business grew 23%, market share rose to 12.0%, and cash conversion was 91% with a net cash position of £27.8m. All three divisions improved profitability; management is targeting a mid-term margin of 20%. For 2026 LSL expects higher revenue and profit, cash conversion of 75–100% and capex of £3–5m; growth is expected mainly in the second half. » More on de.investing.com