IN BRIEF: Manolete Partners Hails "Strong" First-Half Progress

Manolete Partners PLC - insolvency litigation financing firm - Revenue in six months ended September 30 surges to GBP19.0 million from GBP7.5 million. Pretax profit up 49% to GBP6.4 million from GBP4.3 million. "These half year results evidence the strong progress we have made in the last six months. We completed 52 cases in the six-month period - that means we were completing on average two insolvency claims every single week of the six-month reporting period," Chief Executive Officer Steven Cooklin says.

Current stock price: 301.00 pence

Year-to-date change: down 36%

By Eric Cunha; ericcunha@alliancenews.com

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