First Property Group (FPO)

Sector:

Financials

Index:

FTSE AIM All-Share

 13.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 17.03
  • 52 Week Low: 11.75
  • Currency: UK Pounds
  • Shares Issued: 147.84m
  • Volume: 34,798
  • Market Cap: £19.22m
  • RiskGrade: 151
  • Beta: 0.04

First Property raises expectations after solid first half

By Josh White

Date: Tuesday 12 Nov 2024

LONDON (ShareCast) - (Sharecast News) - First Property Group reported a strong performance for the first half of its financial year on Thursday, despite challenges in the property market.
The AIM-traded property fund manager and investor said it benefited from one-off gains, including profits from property trading within one of its managed funds, in which First Property holds an associated investment.

It also received fees earlier-than-expected from a managed fund after property disposals were completed ahead of schedule.

As a result, First Property said it now anticipated that its full-year profit before tax would exceed current market expectations, while revenue was expected to align with forecasts.

However, the final results could be influenced by potential non-cash adjustments to property valuations.

The company said it would release its interim results for the six months ended 30 September on 21 November.

At 1558 GMT, shares in First Property Group were up 11.43% at 15.6p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FPO Market Data

Currency UK Pounds
Share Price 13.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 17.03
52 Week Low 11.75
Volume 34,798
Shares Issued 147.84m
Market Cap £19.22m
Beta 0.04
RiskGrade 151

FPO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.24% above the market average58.24% above the market average58.24% above the market average58.24% above the market average58.24% above the market average
23.23% above the sector average23.23% above the sector average23.23% above the sector average23.23% above the sector average23.23% above the sector average
Price Trend
62.29% below the market average62.29% below the market average62.29% below the market average62.29% below the market average62.29% below the market average
64.15% below the sector average64.15% below the sector average64.15% below the sector average64.15% below the sector average64.15% below the sector average
Income Not Available
Growth
87.45% below the market average87.45% below the market average87.45% below the market average87.45% below the market average87.45% below the market average
80.22% below the sector average80.22% below the sector average80.22% below the sector average80.22% below the sector average80.22% below the sector average

FPO Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 16-Mar-23 08-Dec-22
Paid 05-Apr-23 30-Dec-22
Amount 0.25p 0.25p

Trades for 30-May-2025

Time Volume / Share Price
10:09 14,798 @ 12.13p
09:45 20,000 @ 13.00p

FPO Key Personnel

CEO Ben Habib

Top of Page