Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag CLS Holdings narrows loss but cuts dividend, causing stock to drop 8% amid sales push.

flag CLS Holdings, a UK property developer, reported a narrower pre-tax loss of £97.4 million for 2024 but cut its dividend by 33%, leading to an 8% drop in its stock price. flag The company is accelerating asset sales to improve its financial position amid challenging market conditions. flag Despite a higher revenue, CLS aims to sell the remaining £78.6 million of its targeted sales program in 2025.

3 Articles

Further Reading