LONDON, March 8, 2017 /PRNewswire/ --
Strong Results in an Uncertain Market
CLS is a FTSE 250 property investment company with a £1.57bn portfolio in the UK, Germany and France offering geographical diversification with local presence and knowledge.
(Logo: http://mma.prnewswire.com/media/476072/CLS_Holdings_Logo.jpg )
FINANCIAL HIGHLIGHTS
OPERATIONAL HIGHLIGHTS
Investment Property Portfolio:
Developments:
Financing:
Henry Klotz, Executive Chairman of CLS, commented:
"Our record results illustrate the benefits of our diversified business: investing in high-yielding properties in major cities across our core markets, with a broad tenant base and diversified sources of funding.
In changing to paying a progressive dividend, we intend to offer a more attractive investment proposition for shareholders, to improve liquidity in the Group's shares and broaden our shareholder base.
With our proven and successful business model, a strong balance sheet and ample liquid resources, we are well positioned to benefit from any challenges and opportunities which lie ahead."
CLS will be presenting to analysts at 9.00am on Wednesday, 8 March 2017, at Smithfield Consultants, 10 Aldersgate Street, London, EC1A 4HJ.
Conference call dial-in numbers as follows:
Participant telephone number: +44(0)20-3427-1905
Confirmation code: 4959351
Please dial in at least 5 minutes prior to the start of the meeting and quote the above confirmation code when prompted.
An interview with Fredrik Widlund, CEO, looking at CLS's performance and strategy can be found here.
For further information, please contact:
CLS Holdings plc
+44(0)20-7582-7766
http://www.clsholdings.com
Henry Klotz, Executive Chairman
Fredrik Widlund, Chief Executive Officer
John Whiteley, Chief Financial Officer
Sten Mortstedt, Executive Director
Liberum Capital Limited
+44(0)20-3100-2222
Richard Crawley
Jamie Richards
Panmure Gordon (UK) Limited
+44(0)20-7886-2500
Dominic Morley
Andrew Potts
Elm Square Advisers Limited
+44(0)20-7823-3695
Jonathan Gray
Smithfield Consultants (Financial PR)
+44(0)20-7360-4900
Alex Simmons
Share this article