Lakehouse (LAKE)

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The asset and support services group.

23-Jan-2018 – 36.5p – £57.5m – PER 8.30

Preliminary Results For The 12 Months To End September 2017 – Whoever wrote this update should be shot, what a mess. I think… Revenue is down 3% to £290.3m, there’s a Profit (not sure how much) versus a loss last year and the final dividend is a third of what it was last year.

I am going to pass on this one for now as I am not exactly clear on what is being communicated here.

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