2 December 2020 - trading update

An upbeat trading statement from AIM-listed property group Belvoir has moved the share price higher once again although it languishes some way below the year's high of 183p.  Trading in the ten months to the end of October has been even stronger than expected pre-Covid with the property and financial services businesses reporting growth in gross profit over last year of 10% and 11% respectively.  Full-year pre-tax profits are therefore now expected to be ahead of management expectations and strong cash flow during the period means that net debt is . . .

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