Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAlfa Fin Share News (ALFA)

Share Price Information for Alfa Fin (ALFA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 185.40
Bid: 176.00
Ask: 176.80
Change: 15.40 (9.06%)
Spread: 0.80 (0.455%)
Open: 174.80
High: 185.40
Low: 174.80
Prev. Close: 170.00
ALFA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Alfa Financial H1 profit and revenue drop on contract delays

Tue, 04th Sep 2018 08:46

(Sharecast News) - Alfa Financial Software Holdings posted a drop in first-half profit on Tuesday, partly on the back of contract delays and a weaker dollar.In the six months to 30 June, pre-tax profit fell to £8.62m from £14.02m on revenue of £32.9m, down 27% from the same period a year ago. The company said the weaker US dollar contributed to the revenue decline and the majority of the top line contraction was due to a fall in revenues from its software implementation segment.Alfa said it had been informed by one of its major customers that it wanted to delay its implementation project for internal reasons, with an understanding that a restart is expected in early 2019. This understanding has not changed and Alfa said it remains in active dialogue with the customer.In addition, a potential new customer delayed a decision on its implementation project because it is considering increasing its geographical and functional scope, and one of its larger existing customers extended its decision point for the expansion of its Alfa footprint. Implementation start dates for these were projected to be later in 2018, or into 2019. "We continue to progress discussions in respect of both of these projects," it said.Chief executive officer Andrew Denton said: "As we said at the time, we were very disappointed by the delays in contracts announced in early June. However, we remain confident in the long term prospects of Alfa. We continue to have a strong market position with a proven track record in project execution and a blue-chip client list. We were very pleased to have signed an upgrade and expansion agreement with a leading retail bank to support their exciting plans in the UK B2B asset finance market and we look forward to building on this with further sales in all of our key markets."The pipeline for Alfa is healthy, both in terms of geographic and market segment mix, and in terms of number of opportunities. We approach the remainder of the year focused on conversion of these opportunities. We also continue to make incremental cost savings across the business with the aim of achieving immediate operational efficiencies whilst ensuring that we have the right platform in place to return to growth."At 0900 BST, the shares were down 10% to 141.88p.
More News
12 Jan 2023 11:12

Alfa Financial Software ups full-year expectations on strong quarter

(Alliance News) - Alfa Financial Software Holdings PLC on Thursday upped its full-year revenue expectations by GBP1.5 million, after a "strong finish" to 2022.

Read more
8 Dec 2022 13:49

IN BRIEF: Vehicle of Alfa Financial Software chair and CEO trims stake

Alfa Financial Software Holdings PLC - London-based software developer for financial industry - CHP Software & Consulting Ltd sells 5.7 million shares at GBP1.59 each, worth GBP9.1 million, on Tuesday, reducing its stake to 64.5% from 66.0%. CHP is 92.4% owned by Alfa Chair Andrew Page and 7.6% by Alfa Chief Executive Officer Andrew Denton.

Read more
10 Nov 2022 14:39

TRADING UPDATES: Alfa Financial lifts annual revenue guidance

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
10 Nov 2022 10:15

SMALL-CAP WINNERS & LOSERS: Alfa Financial ups annual revenue outlook

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

Read more
10 Nov 2022 08:53

LONDON MARKET OPEN: Centrica helps FTSE 100 outperform ahead of US CPI

(Alliance News) - Stocks in Europe struggled early on Thursday, though the FTSE 100 notched a minor gain, as investors held their breath ahead of all-important inflation data from the world's largest economy.

Read more
20 Sep 2022 11:49

Alfa Financial Software raises annual guidance after robust trading

(Alliance News) - Alfa Financial Software Holdings PLC on Tuesday increased its expectations for annual revenue, as a result of new contractual certainty and strong trading in August.

Read more
20 Sep 2022 11:18

SMALL-CAP WINNERS & LOSERS: Alfa Financial jumps on contract certainty

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Read more
20 Sep 2022 08:54

LONDON MARKET OPEN: FTSE 100 rises; Haleon makes good earnings debut

(Alliance News) - Stocks in London were trading broadly higher early on Tuesday, bolstered by a positive first earnings report from GSK's consumer healthcare spin-off Haleon, ahead of a week expected to be dominated by interest rate decisions.

Read more
20 Sep 2022 07:51

LONDON BRIEFING: Haleon reports double-digit revenue growth

(Alliance News) - Stocks in London are set to open higher on Tuesday, as markets in London return to action following a bank holiday for the state funeral of Queen Elizabeth II.

Read more
1 Sep 2022 11:22

Alfa Financial Software confident in full-year on inteirm profit jump

(Alliance News) - Alfa Financial Software Holdings PLC on Thursday posted a rise in interim profit and revenue on the back of subscription growth and offered a sunny outlook for the year ahead despite potential macro-economic headwinds.

Read more
1 Sep 2022 11:04

SMALL-CAP WINNERS & LOSERS: Alfa Financial interim profit jumps 25%

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

Read more
1 Aug 2022 12:29

Alfa Financial Software strikes leasing deal for London building

(Alliance News) - Alfa Financial Software Holdings PLC on Monday said it has struck a deal to assign the lease of the 9th floor in a London building to its own 66% shareholder CHP Software & Consulting Ltd.

Read more
1 Aug 2022 10:59

SMALL-CAP WINNERS & LOSERS: Alfa Financial rises; Pod Point recovers

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Read more
28 Jul 2022 14:48

TRADING UPDATES: Alfa Financial trades in line with expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
17 Jun 2022 16:03

UK dividends calendar - next 7 days

Monday 20 June 
Momentum Multi-Asset Value Trust PLCdividend payment date
Tuesday 21 June 
Inchcape PLCdividend payment date
Jersey Electricity PLCdividend payment date
Numis Corpdividend payment date
Virgin Money UK PLCdividend payment date
Wednesday 22 June 
Fidelity Special Values PLCdividend payment date
Scottish American Investment Co PLCdividend payment date
Thursday 23 June 
abrdn Private Equity Opportunities Trust PLCex-dividend date
Airtel Africa PLCex-dividend date
AVI Global Trust PLCex-dividend date
Baillie Gifford China Growth Trust PLCex-dividend date
British Land Co PLCex-dividend date
Castings PLCspecial ex-dividend date
Discoverie Group PLCex-dividend date
Experian PLCex-dividend date
Gamma Communications PLCdividend payment date
GB Group PLCex-dividend date
Gooch & Housego PLCex-dividend date
Helical PLCex-dividend date
JPMorgan European Discovery Trust PLCex-dividend date
JPMorgan European Growth & Income PLCex-dividend date
LMS Capital PLCdividend payment date
Medica Group PLCex-dividend date
Mercantile Investment Trust PLCex-dividend date
MITIE Group PLCex-dividend date
Norcros PLCex-dividend date
RWS Holdings PLCex-dividend date
Scottish Investment Trust PLCex-dividend date
Templeton Emerging Markets IT PLCex-dividend date
TI Fluid Systems PLCdividend payment date
TR Property Investment Trust PLCex-dividend date
Tribal Group PLCex-dividend date
United Utilities Group PLCex-dividend date
VP PLCex-dividend date
VPC Specialty Lending Investments PLCex-dividend date
Friday 24 June 
Alfa Financial Software Holdings PLCdividend payment date
Alfa Financial Software Holdings PLCspecial dividend payment date
Blackrock Frontiers Investment Trust PLCdividend payment date
BP PLCdividend payment date
Empiric Student Property PLCdividend payment date
Euromoney Institutional Investor PLCdividend payment date
Foxtons Group PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
Lookers PLCdividend payment date
LXI REIT PLCdividend payment date
Majedie Investments PLCdividend payment date
Origin Enterprises PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Tesco PLCdividend payment date
ThomasLloyd Energy Impact Trust PLCdividend payment date
Town Centre Securities PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Tritax EuroBox PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Vivo Energy PLCdividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.