Strong results pre-Covid-19; diversified and asset-backed
Creditable results for FY-03/20 are in line with FIH's pre-close update published on March 31st. Highlights were the Falkland Islands Company (FIC) itself, which grew revenues by 20%-plus while also lifting margins, and to a lesser FIH's art distribution business, which did less well (as previously flagged) but still staged a meaningful recovery in the second half relative to the first. At the end of March, the company retained £9m-pl ....
23 Jun 2020
WHI Corporate Sponsored Morning Comment: FIH Group
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
WHI Corporate Sponsored Morning Comment: FIH Group
FIH Group plc (FIH:LON) | 215 0 0.0% | Mkt Cap: 26.9m
- Published:
23 Jun 2020 -
Author:
Nick Spoliar -
Pages:
4
Strong results pre-Covid-19; diversified and asset-backed
Creditable results for FY-03/20 are in line with FIH's pre-close update published on March 31st. Highlights were the Falkland Islands Company (FIC) itself, which grew revenues by 20%-plus while also lifting margins, and to a lesser FIH's art distribution business, which did less well (as previously flagged) but still staged a meaningful recovery in the second half relative to the first. At the end of March, the company retained £9m-pl ....