India, May 16 -- Workspace Group said it expects trading profit for the year ending 31 March 2025 to be in line with consensus, with a marginal fall in valuation due to a reduction in ERV per sq. ft., alongside a fall in occupancy, as previously stated.
Ahead of strategy update on 5 June 2025, the Board has now approved the strategic plan and expects the combined impact of these factors on the year ending 31 March 2026 to be a trading profit headwind of approximately 7 million pounds. This is against the current company-compiled consensus for trading profit within a range of 66-72 million pounds.
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