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Birmingham Post

Business

Graeme Whitfield

Logistics boost will see Henry Boot beat market expectations

Growing revenues in the logistics sector are likely to see property company Henry Boot PLC bring in results ahead of market expectations.

The Sheffield company has released a trading update for 2021 ahead of its preliminary results for the year, which will be issued on March 23. It said it had performed well, primarily due to an in increase in industrial and logistics capital values.

In the trading update, Henry Boot said its key markets of industrial and logistics, residential and urban development had all performed well, leaving it in a solid financial position with a strong balance sheet and net debt within its targeted gearing range.

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