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Pin to quick picksHargreaves Lansdown Share News (HL.)

Share Price Information for Hargreaves Lansdown (HL.)

London Stock Exchange
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Share Price: 770.60
Bid: 770.20
Ask: 770.80
Change: 15.60 (2.07%)
Spread: 0.60 (0.078%)
Open: 760.00
High: 772.00
Low: 754.20
Prev. Close: 755.00
HL. Live PriceLast checked at -

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AJ Bell expects revenue to beat consensus as investing boom continues

Mon, 29th Mar 2021 08:28

(Alliance News) - AJ Bell PLC on Monday said it expects revenue for the 2021 financial year to be above market expectations, as customer acquisition and dealing activity remains strong.

The Manchester-based trading platform expects revenue for the financial year ending September 30 to be at least GBP6.0 million above the company-compiled consensus of GBP136.0 million.

The company reported revenue of GBP126.7 million and pretax profit of GBP48.6 million in the 2020 financial year, suggesting an annual increase in revenue of at least a 12%.

Dealing activity is expected to moderate in the second half of the current year, AJ Bell said.

Shares were up 1.5% to 414.50 pence in London. Shares in rival Hargreaves Lansdown PLC were up 1.0% to 1,538.70p.

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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1 Dec 2023 15:57

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29 Nov 2023 17:20

TOP NEWS: Hargreaves Lansdown dumped out of FTSE 100; AO joins 250s

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, December 18, after completing its quarterly review.

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29 Nov 2023 09:19

IN BRIEF: Hargreaves Lansdown picks Dechra chair Alison Platt as chair

Hargreaves Lansdown PLC - Bristol, England-based wealth management platform - Hires Alison Platt, the current chair of Dechra Pharmaceuticals PLC, to be next its non-executive chair. Platt replaces Deanna Oppenheimer, who will leave the Hargreaves board at its annual general meeting on Friday next week, having been chair for six years. Platt will join the Hargreaves board in early 2024. Until regulatory approval for Platt, Senior Independent Director Penny James will be interim chair. Dechra, a veterinary drugmaker, has agreed to be taken over by EQT, which is a Swedish private equity firm, and Luxinva SA, which is controlled by the sovereign wealth fund of the United Arab Emirates. The GBP4.5 billion deal is expected to be completed by early 2024. Platt also is a non-executive director of grocer Tesco PLC and chair of general insurer Ageas (UK) Ltd. Previously, she led estate agent Countrywide as chief executive officer from 2014 to 2018.

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29 Nov 2023 08:26

LONDON MARKET OPEN: FTSE 100 falls; Halfords, Xaar plunge

(Alliance News) - Stock prices in London opened mixed on Wednesday, as large caps fell on account of a stronger pound, though the domestically-focused midcap index rose.

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29 Nov 2023 07:39

LONDON BRIEFING: Hargreaves Lansdown says Dechra's Platt to be chair

(Alliance News) - Stocks in London are expected to open lower on Wednesday, as investors consider the latest dovish remarks from the US Federal Reserve.

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29 Nov 2023 07:13

Hargreaves Lansdown chair steps down amid shareholder backlash

(Sharecast News) - Hargreaves Lansdown has announced that chair Deanna Oppenheimer is to step down from the board after six years following mounting pressure from shareholders calling for her exit.

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28 Nov 2023 10:22

Hargreaves Lansdown investors urged to vote against chair re-election

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ICG to replace Hargreaves Lansdown on FTSE 100 in latest reshuffle

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TOP NEWS: Intermediate Capital set to replace Hargreaves in FTSE 100

(Alliance News) - Intermediate Capital Group PLC is set to rejoin the FTSE 100 Index at the next quarterly reshuffle, but Hargreaves Lansdown PLC's time at the top table could be coming to an end, after a 12 year run.

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16 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks give way after rate optimism-fuelled rally

(Alliance News) - European equities closed lower as a post-US inflation slowdown rally seen on Tuesday and Wednesday gave way to a more muted session on Thursday.

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