Marsh & Parsons brushes off London wobblesComments Off on Marsh & Parsons brushes off London wobbles
LSL Property Services, which also owns Your Move, is the latest in a chain of agents to admit it endured a tough second half of last year in the capital.
However, Marsh & Parsons “made good progress in the volatile, prime-central London market where stock levels remained challenging all year”, chairman Simon Embley said.
Parsons has 23 branches but will open four more. The chain’s sales rose 9% to £32.5 million.
The overall group’s sales rose 11% to £287.5 million with underlying profit reaching a record £42 million.