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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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19 Nov 2019 17:03

LONDON MARKET CLOSE: Pound Lower With Johnson And Corbyn To Square Off

LONDON MARKET CLOSE: Pound Lower With Johnson And Corbyn To Square Off

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19 Nov 2019 14:27

DIRECTOR DEALINGS: Three Equiniti Executives Acquire Shares

DIRECTOR DEALINGS: Three Equiniti Executives Acquire Shares

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19 Nov 2019 12:05

LONDON MARKET MIDDAY: US-China Trade Concerns Fail To Dent Confidence

LONDON MARKET MIDDAY: US-China Trade Concerns Fail To Dent Confidence

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19 Nov 2019 10:39

UK WINNERS & LOSERS SUMMARY: Equiniti Slumps After Profit Warning

UK WINNERS & LOSERS SUMMARY: Equiniti Slumps After Profit Warning

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19 Nov 2019 08:56

Equiniti Earnings To Be At Bottom End Of Market Range, Shares Dive

Equiniti Earnings To Be At Bottom End Of Market Range, Shares Dive

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19 Nov 2019 08:48

LONDON MARKET OPEN: Halma Up On Dividend; Equiniti Down On Guidance

LONDON MARKET OPEN: Halma Up On Dividend; Equiniti Down On Guidance

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19 Nov 2019 08:32

Equiniti warns on profits

(Sharecast News) - Payments specialist Equiniti warned that full-year underlying earnings would be at the lower end of market expectations as a result of weaker high margin UK corporate activity.

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12 Nov 2019 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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4 Nov 2019 08:58

Equiniti Buys Corporate Stock Transfer Amid US Business Expansion

Equiniti Buys Corporate Stock Transfer Amid US Business Expansion

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4 Nov 2019 07:56

Equiniti expands US operation with CST acquisition

(Sharecast News) - Services and payments specialist Equiniti Group has completed the acquisition of Corporate Stock Transfer (CST), it announced on Monday, which will become part of its US division, EQ.

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18 Oct 2019 16:06

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

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9 Oct 2019 09:30

BROKER RATINGS SUMMARY: Morgan Stanley Cuts HSBC; Investec Raises RBS

BROKER RATINGS SUMMARY: Morgan Stanley Cuts HSBC; Investec Raises RBS

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9 Sep 2019 09:13

Equiniti Expands Investor Relations Offering With Richard Davies Acquisition

(Alliance News) - Equiniti Group PLC on Monday said it has expanded its corporate governance and investor relations offering with the acquisition of Richard Davies Investor Relations Ltd for an a

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2 Aug 2019 17:06

LONDON MARKET CLOSE: Stocks Plunge Amid Nervousness Over US-Sino Trade

(Alliance News) - Stocks in London ended the week in red as escalating US-China trade tensions kept investors on the back foot.The FTSE 100 index closed 177.81 points lower, or 2.3%, at 7,407.06.

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2 Aug 2019 08:24

Equiniti Hikes Interim Payout As Profit Triples On Higher Revenue

(Alliance News) - Financial technology outsourcer Equiniti Group PLC boosted its interim dividend Friday, after profit tripled amid rising revenue, as it continued to make progress in its core UK

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