Belvoir Group PLC - property franchise group - Says financial services division has exceeded its milestone of 200 advisers, ending 2020 with 202 advisers, up 22% on 2019.
"Reaching 200 financial advisers was an ambitious goal for any normal year, but the challenges of 2020 made the achievement all the more remarkable. Furthermore, a 26% increase in profit on 2019, and indeed a doubling of profitability since the businesses were acquired, is an outstanding performance," says Chief Executive Dorian Gonsalves.
2020 revenue was up 13% to GBP9.6 million, versus GBP8.5 million in 2019, and pretax profit at GBP1.8 million was up 26% on the year before.
Current stock price: 167.50 pence
Year-to-date change: up 11%
By Lucy Heming;Â lucyheming@alliancenews.com
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