finnCap has reported interim numbers to the end of September 2019 in line with October’s trading update – albeit that PBT of £1.4 million is a touch ahead of the number mooted in that announcement. A change in year end and the acquisition of Cavendish in December 2018 render comparison with the prior year somewhat redundant. However, as we noted in October, given the headwinds in certain markets - notably Equity Capital Markets (ECM) - this is a resilient performance, in our
25 Nov 2019
Diversified businesses produce resilient performance
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Diversified businesses produce resilient performance
Cavendish Financial PLC (CAV:LON) | 8.5 0 0.0% | Mkt Cap: 32.7m
- Published:
25 Nov 2019 -
Author:
Ian Poulter -
Pages:
8
finnCap has reported interim numbers to the end of September 2019 in line with October’s trading update – albeit that PBT of £1.4 million is a touch ahead of the number mooted in that announcement. A change in year end and the acquisition of Cavendish in December 2018 render comparison with the prior year somewhat redundant. However, as we noted in October, given the headwinds in certain markets - notably Equity Capital Markets (ECM) - this is a resilient performance, in our