14 Feb 2019
2019 growth - but below previous expectations
Tavistock Investments Plc (“Tavistock”), which consists of Tavistock Wealth (an investment management business) and Tavistock Advisory (several financial advisory businesses) has released a trading update for the period ending March 2019. Due to Brexit uncertainties and general tough financial market conditions the growth in Funds Under management (“FUM”) has been below expectations. Despite this, we still expect full year growth in FUM (+9.7%) and hence underlying EBITDA (+70%) albeit this is s ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
2019 growth - but below previous expectations
Tavistock Investments PLC (TAVI:LON) | 4.8 0 0.0% | Mkt Cap: 26.6m
- Published:
14 Feb 2019 -
Author:
Matt Butlin -
Pages:
6
Tavistock Investments Plc (“Tavistock”), which consists of Tavistock Wealth (an investment management business) and Tavistock Advisory (several financial advisory businesses) has released a trading update for the period ending March 2019. Due to Brexit uncertainties and general tough financial market conditions the growth in Funds Under management (“FUM”) has been below expectations. Despite this, we still expect full year growth in FUM (+9.7%) and hence underlying EBITDA (+70%) albeit this is s ....