STM’s July FY trading update was occasioned by slower H1 trading and the impact of the group’s tactical reduction of establishment fees. Comfortingly, this morning’s trading update reveals promising initial progress from the pricing initiative, with July’s new business levels up 75% over the level prevailing for the first four months of the year. Placing events in context, STM is focused on broadening its introducer base and driving new business volumes, and as part of
09 Aug 2016
Growth ambitions
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Growth ambitions
STM Group PLC (STM:LON) | 57.5 0 0.0% | Mkt Cap: 34.2m
- Published:
09 Aug 2016 -
Author:
Cavendish Research -
Pages:
16
STM’s July FY trading update was occasioned by slower H1 trading and the impact of the group’s tactical reduction of establishment fees. Comfortingly, this morning’s trading update reveals promising initial progress from the pricing initiative, with July’s new business levels up 75% over the level prevailing for the first four months of the year. Placing events in context, STM is focused on broadening its introducer base and driving new business volumes, and as part of