Big Yellow profit boosted by Olympics

Big Yellow, the FTSE 250 storage company, has delivered an eight per cent rise in adjusted profit before tax, prompting a 0.5p rise in the final dividend for the year ended March 31st.

Big Yellow, the FTSE 250 storage company, has delivered an eight per cent rise in adjusted profit before tax, prompting a 0.5p rise in the final dividend for the year ended March 31st.

Pre-tax profit for the period totalled £25.5m (2012 £23.6m) on revenue of £69.7m (2012 £65.7m), driven by occupancy growth in the first half, and increased business and consumer confidence in the lead-up to the Olympics.

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