IN BRIEF: Arbuthnot Banking down after revealing profit forecast

Wed, 21st Feb 2024 11:43

Arbuthnot Banking Group PLC - London-based merchant bank - Says that it expects to report pretax profit of GBP46.7 million for 2023, in line with consensus market expectations. In 2022, Arbuthnot's pretax profit was GBP20.0 million. The group is set to release its results for the year on March 28.

Current stock price: 1,022.00 pence per share, down 3.1% in London on Wednesday morning.

12-month change: up 11%

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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