MOUNTVIEW ESTATES PLC — Management Reports 2013

Feb 11, 2013

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RNS Number : 6037X

Mountview Estates PLC

11 February 2013

For immediate release

11 February 2013

Mountview Estates P.L.C.

Interim Management Statement - February 2013

Mountview Estates P.L.C. ("the Group") publishes its Interim Management Statement covering the period from the beginning of the Group's financial year, 1 April 2012, to-date. 

It is with deep regret that this statement must start by recording the sudden passing of our director Keith Langrish-Smith on 17 December 2012. Keith had worked for the Company for 38 years and had been a director since 1982. A full tribute will appear in the Chairman's Statement accompanying the Annual Report and Accounts.

The third quarter of our financial year has shown the same solid progress as the first six months. Sales revenue and rental income have continued strongly and earnings are up by over 25% compared with last year. Debt continues to be reduced and so the Company is well placed to take advantage of any good purchasing opportunities.

ENDS

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