Frp Advisory Group Share News (FRP)

Fairpoint Reports Lower 2013 Profit After VAT Benefit In 2012

LONDON (Alliance News) - Fairpoint Group PLC Thursday reported a decline in 2013 pretax profits, after 2012 revenue was boosted by a VAT refund. The AIM-listed financial services business, which focuses on advising people in financial trouble, reported a GBP5.9 million pretax profit in 2013

Fairpoint Group reports drop in annual revenue on weak IVA market

Financial advisor Fairpoint Group reported a drop in annual revenues, as less people applied for individual voluntary arrangements (IVA). Revenue fell to £28.4m in the year ended December 31st 2013, from £29.9m. The company said it was a "subdued" year in the market for IVAs, a formal repayment pro

Fairpoint Finds New Chairman With Harrel To Succeed Peacock

Fairpoint Group unveils hike in annual profits

UK financial advisor Fairpoint Group recorded an 87 per cent rise in annual pre-tax profits Thursday as diversified activities pushed revenues higher. The provider of solutions to financially stressed consumers said adjusted profit before tax for 2012 came to £7.6m, compared to £4.0m reported a yea

Fairpoint Group returns to profit

Debt advisor Fairpoint Group reported a first half profit compared to a loss the same half a year earlier helped by a strong recovery at its IVA services division and as it continued to diversify its income streams. The group reported a pre-tax profit of £2.1m in the six months ended June 30th 2012

Arden Partners COO buys shares after disappointing results

Steve Wassell, the Chief Operating Officer of stockbroker Arden Partners, purchased 195,000 in the stockbroker through his self-invested personal pension on Thursday. Wassell bought the shares at 43.50p each for a total of £84,825, increasing his stake in the company to 373,743 shares, equal to aro

Small caps round-up: Plastics Capital, Vislink, Westminster Group ...

Plastics Capital, a niche platics products group, has said it expects its result for the full year to 31 March 2012 will be in line with market expectations, despite sales continuing to be affected by the aftermath of the Thai floods. The firm said profit margins have remained good, cash flow has be

WH Smith director goes to the till

Jeff Harris, a Non-Executive Director at WH Smith, purchased 10,000 shares in the stationery and book retailer on Friday, one day after the firm's interim results. Harris, currently the Chairman of FTSE 250 speciality plastic and fibre products supplier Filtrona who joined WH Smith's board in June

London close: Stocks slump as euro debt worries continue

The top share index was nursing triple-digit losses by the close of play as the eurozone debt crisis continued to rumble on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of

Axis-Shield finance chief buys

Ronny Hermansen, the finance director of diagnostics firm Axis-Shield, has invested £31,000 in the company. Hermansen has acquired 10,000 shares at 313.5p each, which takes his stake to 113,498 shares. Axis announced a maiden dividend of 1p a share when it released its 2010 figures last week. Th

Small caps: Avesco, Cyril Sweett, Fairpoint...

Big screen renter Avesco cut losses sharply in its latest quarter and said activity in its markets has picked up. Revenue rose to £30.5m in the three months to December from £23.8m with losses reducing to £0.5m from £1.8m. "It does appear that a real momentum has returned to the business and that

Small caps round-up: Axis-Shield, Cluff Gold, Falkland Oil...

Diagnostics company Axis-Shield turned over more than £100m for the first time last year and has paid a maiden dividend. Revenue rose 5% to £101.7m in 2010, though underlying profit fell from £8.1m to £7.1m. Profit, including £3.1m of currency and disposal gain in 2009 dropped from £11m to £7.5m.

Small caps round-up: Deltex Medical, Monitise, Avesco...

Shares in Deltex Medical, which makes technology to measure blood flow in patients undergoing surgery, climbed after it said sales for 2010 are expected to have exceeded £6.25m. Sales increased in all key markets, the company said. Monitise continues to benefit from the increasing trend of shoppers

Hargreaves Lansdown founder raises £58m from share sale

Hargreaves Lansdown founder Stephen Lansdown has sold nearly 3% of the company. Lansdown sold 13.56m shares at 429p each, which raised £58.18m. That leaves Lansdown with 20.1% of the financial adviser. Wealth management firm Hargreaves Lansdown reported a record year to June 2010 despite tough m

Fairpoint profit up as more customers seek advice

Debt advisor Fairpoint reported a 9% increase in half year profit as the group cut costs and the number of customers seeking its advice rose. Adjusted pre-tax profit rose to £2.6m for the six months ended 30 June 2010 from £2.4m before. Revenue was £13.9m little changed from £13.8m in the year earl