Ace Liberty & Stone PLC - London-based property investment company - Pretax loss widens to £243,144 in the six months to October 31 from £4,686 a year prior. This largely reflects increased finance costs driven by market interest rates, company says. Rental income flat at £2.7 million. Administration costs fall 3.8% to £672,251 from £699,032. Chief Executive Ismail Ghandour comments: ‘Despite the challenging macroeconomic climate, our portfolio has remained stable, providing consistent revenue and high occupancy levels. With interest rates forecast to reduce as we move into 2025, we expect to see a reduction in finance costs and an improvement in profitability. Nevertheless, we remain focused on cost management, regearing leases and refinancing to deliver long-term value to our shareholders.’

Current stock price: €0.52, up 1.0% in London on Thursday

12-month change: down 15%

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