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- This share is currently suspended. It was suspended at a price of 2.45
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Argentex Interim Performance Strong On Higher Client Numbers
(Alliance News) - Argentex Group PLC said Monday it has continued to grow since AIM stock listing, as has its trading subsidiary Argentex LLP.
For the period from June 25 to the end of September, Argentex - which provides foreign exchange services - generated GBP9.3 million in revenue.
Meanwhile, for the six months to the end of September, Argentex LLP reported revenue at GBP13.8 million, a 45% increase from GBP9.5 million.
Argentex's performance was driven by growth in client numbers and currency volumes traded.
"We are pleased with the company's performance during the period, which reinforces our confidence in meeting expectations for the current financial year and in the group's long-term prospects," said Chair Digby Jones.
Argentex will report its interim results on November 20.
Shares in Argentex were up 5.5% at 147.70 pence on Monday in London.
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2019 Alliance News Limited. All Rights Reserved.
Latest AGFX News
- IFX Payments walks away from £3m Argentex acquisition
7 Aug 2025 - IFX Payments' Argentex takeover deal terminated
7 Aug 2025 - UPDATE: IFX set to revoke takeover offer due to Argentex insolvency
21 Jul 2025 - UPDATE: UK FCA orders to Argentex to end all regulated activity
21 Jul 2025 - Argentex LLP agrees voluntary requirement with FCA
18 Jul 2025 - IN BRIEF: UK FCA orders to Argentex to end all regulated activity
18 Jul 2025 - Argentex shares rise as it rejects Lavide offer over funding shortfall
9 Jun 2025 - Argentex rejects equity investment proposal from Lavide Holding
9 Jun 2025
Related News
IFX Payments walks away from £3m Argentex acquisition
(Sharecast News) - Argentex said on Thursday that its acquisition by payments provider IFX Payments has been terminated after the currency management ...
IFX Payments' Argentex takeover deal terminated
Aug 7 (Reuters) - The previously announced acquisition of Britain's Argentex by cross-border payments provider IFX Payments has been terminated afte...
UPDATE: IFX set to revoke takeover offer due to Argentex insolvency
Argentex Group PLC - London-based currency risk management firm - IFX (UK) Ltd, trading as IFX Payments, says it is consulting with the UK Takeover Pa...
Argentex Group. News
IFX Payments walks away from £3m Argentex acquisition
(Sharecast News) - Argentex said on Thursday that its acquisition by payments provider IFX Payments has been terminated after the currency management ...
IFX Payments' Argentex takeover deal terminated
Aug 7 (Reuters) - The previously announced acquisition of Britain's Argentex by cross-border payments provider IFX Payments has been terminated afte...
UPDATE: IFX set to revoke takeover offer due to Argentex insolvency
Argentex Group PLC - London-based currency risk management firm - IFX (UK) Ltd, trading as IFX Payments, says it is consulting with the UK Takeover Pa...
UPDATE: UK FCA orders to Argentex to end all regulated activity
Argentex Group PLC - London-based currency risk management firm - Decides on Friday to appoint administrators for the company and subsidiaries. Applie...
Argentex LLP agrees voluntary requirement with FCA
(Sharecast News) - Argentex Group said late on Friday that it has resolved to appoint administrators to the company and certain group subsidiaries, in...
IN BRIEF: UK FCA orders to Argentex to end all regulated activity
Argentex Group PLC - London-based currency risk management firm - The UK Financial Conduct Authority orders Argentex operating subsidiary Argentex LLP...
Argentex shares rise as it rejects Lavide offer over funding shortfall
(Alliance News) - Argentex Group PLC on Monday confirmed it has rejected a proposal from Lavide Holding NV, saying the approach does not represent an ...
Argentex rejects equity investment proposal from Lavide Holding
(Sharecast News) - Currency management firm Argentex said on Monday that it has received and rejected an investment proposal from Lavide Holding, a Eu...
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