Less Ads, More Data, More Tools Register for FREE

Pin to quick picksARDN.L Regulatory News (ARDN)

  • There is currently no data for ARDN

Trading Update

16 May 2012 07:00

RNS Number : 4410D
Arden Partners plc
16 May 2012
 



For immediate release

16 May 2012

 

Arden Partners plc

("Arden" or the "Company")

 

Trading Update

 

Arden Partners, the institutional stockbroking company, today announces an update on

Trading for the six months ended 30 April 2012.

 

The Directors are pleased to announce that trading in the first half has been better than anticipated with revenues and profitability ahead of budget.

 

Since the year end the Company has increased the number of brokerships to 34 and this number is expected to grow in the medium term. The average market capitalisation of our clients is now £195 million.

 

The pipeline for the second half of the year is encouraging, but as ever deliverability will depend on market conditions and continued uncertainty in Europe, both in political and economic terms, dictates a need for some caution.

 

The Board indicates that it intends to return to the dividend list from the interim period. Since the financial crisis of 2008 the Board has tightly controlled and managed the balance sheet, which has strengthened since that time and has reached a level which now allows management flexibility in decision making, whilst remaining mindful of the needs of the business.

 

 

 

 

Arden Partners plc

0207 614 5900

Jonathan Keeling - Chief Executive Officer

Trevor Norris - Group Finance Director

Altium - NOMAD to Arden Partners plc

0207 484 4040

Phil Adams

Sam Fuller

Buchanan

0207 466 5000

Mark Edwards

Nicola Cronk

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTBKADNPBKKCPD
Date   Source Headline
3rd Jun 201111:50 amRNSForm 8.5 (EPT/NON-RI)
3rd Jun 201111:50 amRNSForm 8.5 (EPT/NON-RI)
2nd Jun 201111:50 amRNSForm 8.5 (EPT/NON-RI)
2nd Jun 201111:50 amRNSForm 8.5 (EPT/NON-RI)
1st Jun 201111:50 amRNSForm 8.5 (EPT/NON-RI)
25th May 201112:36 pmRNSForm 8.5 (EPT/NON-RI) (Amendment)
24th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
20th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
20th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
19th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
19th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
17th May 20112:24 pmRNSForm 8.5 (EPT/NON-RI)
17th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
17th May 201110:03 amRNSForm 8.5 (EPT/NON-RI) (Amendment)
17th May 201110:00 amRNSForm 8.5 (EPT/NON-RI) (Amendment)
17th May 20117:00 amRNSTrading update
16th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
13th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
11th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
11th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
10th May 201111:54 amRNSForm 8.5 (EPT/NON-RI)
6th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
5th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
5th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
4th May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
3rd May 201111:50 amRNSForm 8.5 (EPT/NON-RI)
27th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
26th Apr 20113:46 pmRNSAdditional Listing
26th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
26th Apr 201110:16 amRNSForm 8.5 (EPT/NON-RI) (Amendment)
21st Apr 20111:14 pmRNSEBT Transfers
20th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
19th Apr 20111:28 pmRNSForm 8.5 (EPT/NON-RI) (Amendment)
19th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
19th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
18th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
18th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
15th Apr 20114:24 pmRNSDirectors' and other dealings
15th Apr 20114:23 pmRNSTransaction in own shares and TVR
15th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
14th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
13th Apr 20114:08 pmRNSHolding(s) in Company
13th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
8th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
7th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
6th Apr 201111:52 amRNSResults of AGM
6th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
6th Apr 20117:00 amRNSAGM statement
5th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)
4th Apr 201111:50 amRNSForm 8.5 (EPT/NON-RI)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.