Numis’s year-end update confirmed that the low levels of corporate activity seen in the first half persisted through the rest of the year. In these circumstances, matching first half revenues can be seen as a reasonable outcome for H219. FY19 revenue and profit are therefore set to be significantly lower y-o-y, but the franchise remains strong, with positive indicators including increases in corporate client numbers, private market revenues and market share within Equities. The potentia
01 Oct 2019
Numis Corporation - Market share gains but no H2 pick-up
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 - Market share gains but no H2 pick-up
- Published:
01 Oct 2019 -
Author:
Andrew Mitchell -
Pages:
5
Numis’s year-end update confirmed that the low levels of corporate activity seen in the first half persisted through the rest of the year. In these circumstances, matching first half revenues can be seen as a reasonable outcome for H219. FY19 revenue and profit are therefore set to be significantly lower y-o-y, but the franchise remains strong, with positive indicators including increases in corporate client numbers, private market revenues and market share within Equities. The potentia