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Belvoir Group 'significant activity on all parts of business' reporting double digit revenue growth

Belvoir Group 'significant activity on all parts of business' reporting double digit revenue growth

Belvoir Group PLC (AIM:BLV) (AIM:BLV) Dorian Gonsalves joins Proactive after reporting revenue in the six months to the end of June was up 41% on the same period of 2020 when trading was hit by lockdown restrictions.

After a strong first half, Gonsalves is confident of achieving a strong trading performance as all three of their main segments excel.

The property division achieved revenue growth of 45% compared to two years earlier, the financial services division’s revenues were 62% higher than in the first half of 2019 and management service fees (MSF) from residential sales doubled year-on-year.

He says their residential property sales hit a peak in June and pipelines remain strong.