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1 Mar 2018 07:00
1 March 2018
Alpha Financial Markets Consulting plc
('Alpha FMC' or the 'Group')
Trading Update
Alpha FMC (AIM: AFM), a leading global provider of specialist consultancy services to the Asset and Wealth Management industry, announces an update on recent trading performance ahead of the year ending 31 March 2018.
The Board is pleased to report that the Group has continued to trade well through the period since reporting its Interim Results on 28 November 2017 and expects to report full year profits which will be ahead of current market expectations.
Euan Fraser, Global Chief Executive Officer, commented:
"Our business has performed well since the IPO. The strong growth seen in the first six months has continued into the second half of the year, alongside high utilisation levels. We are continuing to hire the very best consulting talent in the market, given the exciting opportunities we see across our core markets and offerings. I am delighted that we expect to deliver our first full year results as a plc ahead of current market expectations and would like to thank everyone in the Alpha FMC team for their hard work and contribution".
The Group will be announcing final results on Wednesday 6th June 2018.
Enquiries:
Alpha Financial Markets Consulting plc | +44 (0)20 7796 9300 |
Euan Fraser, Global Chief Executive Officer John Paton, Chief Financial Officer | |
Temple Bar Advisory | |
Alex Child-Villiers | +44 (0)7795 425 580 |
William Barker | +44 (0)7827 960 151 |
Sam Livingstone | +44 (0)7769 655 437 |
Grant Thornton UK LLP (Nominated Adviser) | +44 (0)20 7383 5100 |
Philip Secrett Richard Tonthat Harrison Clarke | |
Berenberg (Broker) | +44 (0)20 3207 7800 |
Chris Bowman Toby Flaux Laure Fine |
About Alpha FMC:
Alpha FMC is a leading global provider of specialist consultancy services to the asset and wealth management industry.
With over 250 consultants and contractors across nine major cities (London, Edinburgh, New York, Boston, Paris, Geneva, The Hague, Luxembourg and Singapore), Alpha FMC has provided consultancy services to over 200 clients, including 17 of the 20 largest global asset managers by AUM and 60 percent of the top 50.
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