Lok’n Store: Bullish outlook locked in

The market for self storage is red hot and so are the shares of listed companies providing it. A lot of good news appears to be priced in.

Photo by Darwin Vegher on Unsplash

Lok’n Store, the UK’s fourth biggest provider of self storage space released a stonking set of full year results on Monday this week. The company which can be recognised by its prominent and distinctive orange buildings saw revenues, net asset value (NAV) and dividends all grow rapidly with the promise of more to come in the years ahead.

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