St. Modwen sees strong rise in profits

Property regeneration specialist St Modwen has reported a 34% rise in pre-tax profit for the year ended November 30th.

Property regeneration specialist St Modwen has reported a 34% rise in pre-tax profit for the year ended November 30th.

Profit before tax increased from £37.5m to £50.4m on a reduced revenue income of £109.6m, compared to £121.4m the previous year.

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