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Welcome to the new First Property Group stream forum! Messages posted in the First Property Group stream will be logged here for posterity.
Note out from Arden Partners "First Property’s (Fprop) final results reflect the full year benefits of rental income from prior year property purchases but this was more than offset by profit headwinds from the weaker euro of £0.7m and lower one off performance and deal fees of £1.3m (2015: £4.0m), leaving reported PBT down 9% at £7.35m. We note that reported results include a number of other one off items, reflecting the (non cash) IFRS FX treatment of Fprop’s loans and property assets and other costs. Stripping these out, adjusted PBT was £7..." Scraped from Research Tree
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