Record is continuing to make good progress with its strategy of developing new capabilities and products to augment its core currency management services. This holds out the prospect of significantly higher and more diversified revenue and profit by FY25. In the meantime, existing currency strategies have performed well against a more volatile market background, which also creates a favourable background for conversations with potential clients for well-established hedging services.
12 Dec 2022
Record - Showing good growth and on track strategically
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Record - Showing good growth and on track strategically
Record plc (REC:LON) | 62.2 0 0.0% | Mkt Cap: 123.8m
- Published:
12 Dec 2022 -
Author:
Andrew Mitchell -
Pages:
9
Record is continuing to make good progress with its strategy of developing new capabilities and products to augment its core currency management services. This holds out the prospect of significantly higher and more diversified revenue and profit by FY25. In the meantime, existing currency strategies have performed well against a more volatile market background, which also creates a favourable background for conversations with potential clients for well-established hedging services.