CLS Holdings (CLI)

Sector:

Real Estate

Index:

FTSE Small Cap

86.10p
   
  • Change Today:
    -0.90p
  • 52 Week High: 145.80
  • 52 Week Low: 85.30
  • Currency: UK Pounds
  • Shares Issued: 397.41m
  • Volume: 276,191
  • Market Cap: £342.17m
  • RiskGrade: 119

CLS Holdings collects 95% of Q2 rents due

By Iain Gilbert

Date: Thursday 22 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Commercial property firm CLS Holdings said on Thursday that it had collected 95% of second-quarter rents, when taking into account tenants switching to monthly payments, up from 93% a year earlier.
For the first quarter, CLS has now collected 98% of rents due for the period, down from 99% a year ago but still an 8% since increase on the figure the group had brought in at the time of its trading update on 14 January.

The FTSE 250-listed firm completed one acquisition in the UK and five over in Germany during the quarter, while the group also exchanged contracts on the sales of Falcon House, Hounslow for £6.1m, Frohbösestraße, Hamburg for £4.1m and Gennevilliers, Paris for £6.0m at sales prices 21.8%, 5.3% and 6.3% above their 31 December valuations, respectively.

CLS highlighted that its balance sheet remained "well-capitalised and robust", with cash of over £185.0m with a further £50.0m in undrawn facilities.

In terms of vacancy and lettings, CLS stated vacancy had increased from 5.1% to 6.2% since the start of the 2021 calendar due to the ongoing limitations of Covid-19 restrictions.

As of 0900 BST, CLS shares were up 0.86% at 233.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CLS Holdings Market Data

Currency UK Pounds
Share Price 86.10p
Change Today -0.90p
% Change -1.03 %
52 Week High 145.80
52 Week Low 85.30
Volume 276,191
Shares Issued 397.41m
Market Cap £342.17m
RiskGrade 119

CLS Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.53% above the market average91.53% above the market average91.53% above the market average91.53% above the market average91.53% above the market average
94.87% above the sector average94.87% above the sector average94.87% above the sector average94.87% above the sector average94.87% above the sector average
Price Trend
67.31% below the market average67.31% below the market average67.31% below the market average67.31% below the market average67.31% below the market average
90.7% below the sector average90.7% below the sector average90.7% below the sector average90.7% below the sector average90.7% below the sector average
Income
81.08% above the market average81.08% above the market average81.08% above the market average81.08% above the market average81.08% above the market average
87.10% above the sector average87.10% above the sector average87.10% above the sector average87.10% above the sector average87.10% above the sector average
Growth
58.89% below the market average58.89% below the market average58.89% below the market average58.89% below the market average58.89% below the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CLS Holdings Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 07-Sep-23
Paid 02-May-24 03-Oct-23
Amount 5.35p 2.60p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 39,896 @ 86.10p
16:35 8 @ 86.10p
16:35 458 @ 86.10p
16:35 122 @ 86.10p
16:35 336 @ 86.10p

CLS Holdings Key Personnel

CEO Fredrik Widlund
CFO Andrew Kirkman

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