Argentex Group PLC - foreign exchange advisory and execution services provider - Revenue for financial year ended March 31 GBP28.1 million, down from GBP29.0 million for the year before. Pretax profit falls to GBP7.4 million from GBP10.2 million. "A short-term dip in market confidence had a noticeable impact on client volumes through the first half of the financial year. However, the skill and commitment of our employees in addition to our clients' ongoing trust contributed to the group delivering the best six months of client activity on record during the period," it says. Says key markets are on "right path" for sustainable recovery and trading volumes are encouraging. Final dividend held steady at 2.0 pence.
Current stock price: 112.00p, falls 11% on Thursday
Year-to-date change: down 20%
By Lucy Heming;Â lucyheming@alliancenews.com
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Argentex Group. (AGFX)