Numis expects to report H120 revenues c 10% higher than in H119 with revenue from investment banking slightly down and equities ahead on the back of increased market volatility. Given the impact of the pandemic we have provided indicative scenarios rather than a point estimate for FY20. Numis is strongly capitalised and has net cash of over £84m. Looking beyond the current dislocation, it is well positioned to serve its corporate client base in a period in which the need for fresh equit
03 Apr 2020
Numis Corporation - Sound H120 and opportunity post Covid 19
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Numis Corporation - Sound H120 and opportunity post Covid 19
- Published:
03 Apr 2020 -
Author:
Andrew Mitchell -
Pages:
6
Numis expects to report H120 revenues c 10% higher than in H119 with revenue from investment banking slightly down and equities ahead on the back of increased market volatility. Given the impact of the pandemic we have provided indicative scenarios rather than a point estimate for FY20. Numis is strongly capitalised and has net cash of over £84m. Looking beyond the current dislocation, it is well positioned to serve its corporate client base in a period in which the need for fresh equit