Harwood Wealth (“HW”) has continued to execute on the consolidation strategy which has yielded strong returns to date with in line H1’17 results. H1 EBITDA equates to 50% of FY17e EBITDA. AuI/M has grown strongly to £3.3bn on acquisitions (especially NDL, +£1.0bn) and organic growth. Revenues and earnings continue to grow strongly as a result. Momentum and outlook for H2 is positive. We make no changes to our earnings forecasts but continue to see potential for accretive consolidation using the ....
29 Jun 2017
N+1 Singer - Harwood Wealth - In line: earnings growth and acquisitions in H1
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N+1 Singer - Harwood Wealth - In line: earnings growth and acquisitions in H1
Harwood Wealth Management (HW.:LON) | 0 0 0.0% | Mkt Cap: 89.1m
- Published:
29 Jun 2017 -
Author:
Andrew Watson -
Pages:
7
Harwood Wealth (“HW”) has continued to execute on the consolidation strategy which has yielded strong returns to date with in line H1’17 results. H1 EBITDA equates to 50% of FY17e EBITDA. AuI/M has grown strongly to £3.3bn on acquisitions (especially NDL, +£1.0bn) and organic growth. Revenues and earnings continue to grow strongly as a result. Momentum and outlook for H2 is positive. We make no changes to our earnings forecasts but continue to see potential for accretive consolidation using the ....