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Panther Securities Reports Strong Financial Growth Amid Strategic Moves

Story Highlights
  • Panther Securities PLC saw a rise in profit before tax to £8.67 million in 2024.
  • The company enhanced its financial position with strategic property sales and a new loan facility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Panther Securities ( (GB:PNS) ) just unveiled an announcement.

Panther Securities PLC reported a significant increase in profit before tax for the year ended December 31, 2024, amounting to £8.67 million, up from £5.5 million the previous year. The company benefited from favorable swap arrangements and property sales, including the disposal of investment properties and strategic acquisitions. The company’s net asset value per share rose by 4.5%, and it secured a new £68 million loan facility. Despite political and economic challenges, Panther Securities remains financially stable and poised to seize future opportunities.

More about Panther Securities

Panther Securities PLC operates in the real estate industry, focusing on investment properties. The company is involved in the acquisition, management, and disposal of commercial and residential properties, with a market focus on maximizing asset value and rental income.

Average Trading Volume: 1,333

Technical Sentiment Signal: Buy

Current Market Cap: £52.11M

For a thorough assessment of PNS stock, go to TipRanks’ Stock Analysis page.

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