Taking Stock 

Red in tooth and claw

Mark Robinson

Red in tooth and claw

Thumbing through this week’s December year-ends, we come across Raven Russia (RUS), a company specialising in leasing warehouse space mainly around Moscow and St Petersburg. Group chairman Richard Jewson said returns for 2017 “exceeded expectations” with underlying earnings up a fifth to $56.8m (£40.9m), on a 17 per cent increase in the top line, coupled with a 4.7 percentage point decrease in property operating expenditure.

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