AFH Financial Group PLC - financial investment management firm - Trading for the year to the end of October has been in line with management expectations, with a cash balance as at October 31, at GBP13 million.
Ongoing management fees have remained at anticipated levels during the summer period, while inflows of client funds have gradually increase since May despite remaining below pre-Covid-19 levels.
There is basis for further organic growth in 2021, as the recruitment of employed advisers have increased significantly.
Current stock price: 330.00 pence
Year-to-date change: down 6.3%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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