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Equiniti kicks off 2019 with string of new client wins

Thu, 02nd May 2019 08:02

(Sharecast News) - Equiniti Group on Thursday reported that 2019 has "started well" with a number of new client wins, leaving the company confident of achieving full-year expectations.The technology-led services and payments specialist said all its renewing relationships have been continued, including clients such as ABF, Fresnillo, M&G Prudential, Comcast and Proctor & Gamble, while new client wins include National Grid, Danske Bank and DWF in the UK, and WABTEC and Cincinnati Financial in the US.Meanwhile, trading in the US was proceeding in accordance with previous guidance, with the separation of the share registration business from Wells Fargo anticipated to conclude by June 2019 with an expected cost of £45m.The FTSE-250 listed company added that its specialist and non-discretionary services are largely insulated from the continuing uncertainty in the macro-economic environment and thus left its expectations for full year unchanged.Analysts from Liberum said: "The company has added a number of new clients during the period as well as retaining all of its major existing clients. Separation and integration of the EQUS business remains on track, and momentum from the selling of new services into North America is progressing well. We continue to believe that the current rating fails to reflect the potential of the enlarged group."Equiniti Group's shares were up 1.58% at 218.40p at 0831 BST.
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27 Jul 2018 16:59

LONDON MARKET CLOSE: FTSE 100 Ends Week Higher As US Growth Surges

LONDON (Alliance News) - Stocks in London finished the day higher on Friday as the US economy registered sharp growth in the second quarter, though marginally below expectations, while there were a a

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27 Jul 2018 11:56

LONDON MARKET MIDDAY: Earnings Boost Stocks As Focus Turns To US GDP

LONDON (Alliance News) - Stocks in London were higher at midday on Friday with the FTSE 100 driven by well-received earnings from Reckitt Benckiser, BT, and as well

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27 Jul 2018 10:28

WINNERS & LOSERS SUMMARY: Reckitt Rises After Lifting Revenue Target

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Reckitt up The

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27 Jul 2018 08:34

TOP NEWS: Equiniti Interim Profit Halves Despite 30% Revenue Jump

LONDON (Alliance News) - Equiniti Group PLC said Friday that its profit for first half more than halved despite a sharp increase in revenue.Equiniti shares were trading up 8.2% at 225.50p a

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27 Jul 2018 08:22

Equiniti says first half was strongest period ever

(Sharecast News) - Equiniti Group, the provider of corporate governance and shareholder administration services, published a its strongest reporting period yet for the first half of 2018, with double-digit revenue and underlying EBITDA growth, ahead of expectations.

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20 Jul 2018 15:50

UK Earnings, Trading Statements Calendar - Next 7 Days

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3 May 2018 17:27

DIRECTOR DEALINGS: Equiniti CEO And Board Members Buy And Sell Shares

LONDON (Alliance News) - Public sector services manager Equiniti Group PLC announced on Thursday that four of its board members bought or sold shares.Equiniti Chief Executive Officer Guy a

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26 Apr 2018 16:30

UK Earnings, Trading Statements Calendar - Next 7 Days

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26 Apr 2018 16:27

UK Shareholder Meetings Calendar - Next 7 Days

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19 Mar 2018 16:32

Woodford Investment Cuts Stake In Equiniti To Below Notifiable Level (ALLISS)

LONDON (Alliance News) - Equiniti Group PLC said on Monday Woodford Investment Management Ltd reduced its interest in the company in a transaction last Friday.Woodford

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7 Mar 2018 12:00

CORRECT: Equiniti Profit Lower Amid Costs Despite Revenue Growth

(Clarifying the impact of Eqiniti's Wells Fargo Shareowner Services acquisition on its 2017 dividend per share.)LONDON (Alliance News) - Equiniti Group PLC its to a

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7 Mar 2018 10:27

Equiniti Payout Follows Profit Lower Amid Costs Despite Revenue Growth

LONDON (Alliance News) - Equiniti Group PLC reduced its dividend Wednesday in line with its policy, after profit fell in 2017 on higher costs despite revenue growing amid a to

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5 Mar 2018 13:08

Equiniti Makes Ex-Aviva Executive Burns Non-Executive As Jarman Leaves

LONDON (Alliance News) - Equiniti Group PLC said Monday that Alison Burns has been appointed non-executive director of the technology outsourcer from the start of April after

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18 Jan 2017 10:39

Equiniti Buys UK Data Analytics And Loan Brokerage Firms

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2 Aug 2016 09:39

WINNERS & LOSERS SUMMARY: Direct Line Up After Outpacing Expectations

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