Marsh & Parsons brushes off London wobbles

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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.

Source Article from http://www.standard.co.uk/business/business-news/marsh–parsons-brushes-off-london-wobbles-10104028.html

March 12, 2015 |
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