25 Sep 2018 07:00
25 September 2018
Alpha FX Group plc
("Alpha FX" or "Alpha" or the "Group")
Trading update
Alpha FX Group plc (AIM:AFX), a UK-based foreign exchange service provider working for corporates and institutions, today announces a trading update ahead of the year ending 31 December 2018.
The Board is pleased to announce that trading for the month of September to date has been particularly strong as the positive impact from investments made in the first half has begun to accelerate.
Given the strong sales performance, the Board anticipates that the results for the full year ending 31 December 2018 will be ahead of current market expectations.
Enquiries:
Alpha FX Group plc via Alma PR
Morgan Tillbrook, Founder and CEO
Tim Kidd, CFO
Henry Lisney, COO
Liberum Capital Limited (Nominated Adviser and Sole Broker) Tel: +44 (0) 20 3100 2000
Neil Patel
Richard Bootle
Kane Collings
Alma PR (Financial Public Relations) Tel: 07580 216 203
Josh Royston
Helena Bogle
Rebecca Sanders - Hewett
Market Abuse Regulation
This announcement is released by Alpha FX Group plc and contains inside information for the purposes of the Market Abuse Regulation (EU) 596/2014 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The person who arranged for the release of this announcement on behalf of Alpha FX Group plc was Tim Kidd, Chief Financial Officer.
Notes to Editors
Alpha FX is a UK-based foreign exchange service provider focused on managing exchange rate risk for corporates and institutions that trade internationally. The Group's primary client base consists of corporates and institutions that have a requirement to convert currency for a commercial purpose, such as buying or selling goods and services overseas, repatriating profits, or expatriating payroll. Since it was incorporated in 2010, Alpha FX has been able to build and retain a high-quality client base that includes a number of highly respected household brands.