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AFH Financial Trading In Line As It Actively Evaluates Acquisitions

Wed, 01st Jun 2016 07:25

LONDON (Alliance News) - Financial planning company AFH Financial Group PLC on Wednesday said trading in the six months to the end of April has been strong across its business.

AFH said its like-for-like performance in the first half of its financial year was significantly ahead year-on-year and in line with its expectations.

It added that it has a strong pipeline of potential acquisition targets which are being actively evaluated and a strong balance sheet with which to fund any deals.

AFH will publish interim results for the six months to April 30 on June 29.

AFH shares were up 1.8% to 168.99 pence Wednesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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