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Volatile conditions make 2015 tough for Arden Partners

Thu, 28th Jan 2016 12:54

(ShareCast News) - Challenging market conditions made for a tough 2015 for Arden Partners, with the firm reporting its preliminary results for the 12 months ended 31 October 2015 on Thursday.The AIM-traded institutional stockbroking company reported revenue of £5.5m, down from £8m in 2014.Arden Partners' loss before tax for the year was £2.1m, down from a profit of £0.08m. Its underlying loss was £1.8m, down from a £0.15m underlying profit in 2014.The numbers made for a basic loss per share of 10.8p for the year."Although Arden has struggled to capitalise on its strong institutional and corporate client base to increase market share in these challenging times, the book of mandated business since the year end has increased substantially", said chairman Peter Moon."We are confident that work in progress will be converted to profitable business as the year progreses", he commented.Chief executive James Reed-Daunter said that market conditions remained challenging."Arden has already booked a number of transactions in its new financial year, and is working to complete further mandates from its healthy pipeline of corporate business", he said."With a strong balance sheet and a strong board, we continue to work hard to deliver shareholder value for the longer term", Reed-Daunter concluded.
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25 Jul 2019 13:22

Arden Partners First Half Loss Narrows Amid Uncertain Market

(Alliance News) - Stockbroker Arden Partners PLC on Thursday posted a narrowed first half pretax loss on the back of higher revenue generation, but said trading was impacted by political and the

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20 Mar 2019 13:47

Arden Partners Grows Corporate Client Base Despite Challenging Market

LONDON (Alliance News) - Arden Partners PLC on Wednesday said it has continued to grow its corporate client base, a key part of its strategy.This was achieved despite market conditions with

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24 Jan 2019 09:38

Arden Partners Sinks To Annual Loss Despite Second Half Improvement

LONDON (Alliance News) - Arden Partners PLC held its full-year dividend flat Thursday after revenue fell and it sank to a loss amid tough conditions, despite profitability returning in the second

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14 Jan 2019 14:37

Arden Partners launches new wealth management division

(Sharecast News) - Arden Partners announced the launch of Arden Wealth Management - its new wholly-owned and FCA-approved wealth management subsidiary on Monday, as well as the creation of a new wealth management division within the Arden group.

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14 Jan 2019 09:05

Stockbroker Arden Partners Establishes New Wealth Management Unit

LONDON (Alliance News) - Arden Partners PLC on Monday said it formed a new wealth management unit and has recruited a former Brewin Dolphin Holdings PLC executive to manage and develop the stock a

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4 Jan 2019 14:45

Steve Douglas becomes Arden Partners finance director

(Sharecast News) - Institutional stockbroking company Arden Partners confirmed on Friday that it has received FCA approval for the appointment of Steve Douglas to its board as group finance director.

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1 Nov 2018 12:25

Arden Partners Appoints New Chair And Finance Boss In Board Refresh

LONDON (Alliance News) - Stockbroker Arden Partners PLC said Thursday it has appointed a new chairman and finance boss alongside a non-executive appointment amid a refresh of the board.Mark

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1 Nov 2018 09:14

Arden Partners makes Mark Ansell's chairmanship permanent

(Sharecast News) - AIM-listed stockbroker Arden Partners has tapped Mark Ansell to take up the role of chairman on a full-time basis.

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1 Nov 2018 09:14

Arden Partners makes Mark Ansell's chairmanship permanent

(Sharecast News) - AIM-listed stockbroker Arden Partners has tapped Mark Ansell to take up the role of chairman on a full-time basis.

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30 Jul 2018 12:16

Arden Partners Interim Loss Widens On Restructuring, Team Expansion

LONDON (Alliance News) - Arden Partners PLC on Monday said its loss widened in the first half of its current financial year as it invested heavily in restructuring the business.The company

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15 Jun 2018 10:50

RA International And Anexo Group To Raise Funds For June AIM Listing (ALLIPO)

LONDON (Alliance News) - RA International Group PLC is placing to raise GBP97.2 million through an initial public offering of 173.6 million shares at 56.0 pence each.The company provides in

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24 May 2018 15:39

Stockbroker Arden Partners Says Luke Johnson Steps Down As Chairman

LONDON (Alliance News) - Stock broker Arden Partners PLC said Thursday that Luke Johnson has stepped down as chairman with immediate effect due to other commitments for the serial entrepreneur and

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2 Aug 2016 16:07

DIRECTOR DEALINGS SUMMARY: Arden Partners Chair And Deputy Buy Shares

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2 Aug 2016 10:45

DIRECTOR DEALINGS: Arden Partners Chairman And Deputy Buy Shares

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7 Mar 2016 14:35

Arden Has Completed Six Bits Of Business Since Financial Year End

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