
CLS HOLDINGS PLC (CLI) Shares
ABOUT CLS HOLDINGS PLC
? CLS Holdings plc is a property investment company.
? Its portfolio consists of numerous assets in various locations across the United Kingdom, Germany and France. CLS focuses on investing, developing and managing properties in large European cities that will create value for the company and its shareholders.
? The company offers high-quality, cost effective office properties to more than 700 tenants. In addition, CLS also invests in corporate bonds and investments, shares as well as a hotel.
? The company’s assets are valued at approximately £ 2.3 billion and comprises of more than 7.2 million square feet.
? CLS Holdings plc is a constituent of the FTSE 250 Index and a subsidiary of Mortstedt Family and Charity Trust.
? The company is headquartered in London, the United Kingdom and has additional offices in Luxembourg, Paris and Hamburg.
OVERVIEW OF CLS HOLDINGS PLC
-
CLS Holdings plc is founded in 1992 by the Mortstedt family.
-
CLS is listed on the London Stock Exchange’s main market in 1994. In 2000 the company buys Citadel Holdings plc and it adds 23 French properties to its portfolio.
-
During 2005 CLS invests in Germany. In 2011 the company’s SEK300m Unsecured Bond lists on the Swedish Stock Exchange. In 2013 CLS buys NEO Portfolio for a price of £ 118.6 million.
-
By 2014 the company is one of the largest companies listed on the London Stock Exchange and is added to the FTSE 250 Index. CLS introduces a new policy on dividends in 2017.
-
The same year it sells its Vauxhall Square for a price of £ 157.8 million and purchases Germany’s Metropolis Portfolio for a price of € 152.2 million.
-
More businesses are purchased during the next few years.
VISION & VALUES OF CLS HOLDINGS PLC
-
CLS Holdings plc values its shareholders, customers, employees, communities and environment. High earnings are created for shareholders. The company acts with integrity, high ethical standards and responsibility.
-
CLS acts socially and environmentally responsible. The company is committed to minimizing its environmental footprint by reducing energy and water consumption as well as waste.
-
Its 2018 highlights include a 15.9 percent reduction in carbon emissions and 50 percent reduction of paper use.
-
Approximately 96 percent of the company’s energy is supplied by renewable energy sources that is certified and natural.
-
CLS contributes to its communities and supports various initiatives and organizations.
MARKET PERFORMANCE OF CLS HOLDINGS PLC
-
CLS Holdings plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “CLI”.
-
Data analysis for the company’s six months ending 30 June 2019 reports a group revenue of £ 67.6 million. Net rental income is £ 3 53.8 million. Operating profit is £ 97.8 million.
-
Profit before tax is £ 84.6 million and profit for the period is £ 66.7 million. Basic and diluted earnings are 16.6p per share. Total assets are £ 2,348.7 for the reported period. Net cash inflow from operating activities is £ 21.4 million. Cash and cash equivalents at the end of the period are £ 107.6 million.
-
Dividends received from equity investments are £ 1.9 million and dividends paid are £ 19.1 million.













