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
9th Jun 200910:18 amRNSEPT Disclosure
8th Jun 200911:03 amRNSEPT Disclosure
5th Jun 200910:29 amRNSEPT Disclosure
3rd Jun 200911:06 amRNSEPT Disclosure
2nd Jun 20099:31 amRNSEPT Disclosure
1st Jun 20093:59 pmRNSEPT Disclosure - Amendment
1st Jun 200911:06 amRNSEPT Disclosure
29th May 200910:21 amRNSEPT Disclosure
28th May 200911:29 amRNSEPT Disclosure
27th May 20099:31 amRNSEPT Disclosure
26th May 200910:52 amRNSEPT Disclosure
22nd May 20091:00 pmRNSBlock Admission
21st May 200910:30 amRNSEPT Disclosure
20th May 200911:19 amRNSEPT Disclosure
19th May 20099:53 amRNSEPT Disclosure
18th May 20099:35 amRNSEPT Disclosure
15th May 20099:45 amRNSEPT Disclosure
14th May 200910:30 amRNSEPT Disclosure
13th May 200910:58 amRNSEPT Disclosure
11th May 20095:23 pmRNSHolding(s) in Company
11th May 200910:18 amRNSEPT Disclosure
7th May 200912:27 pmRNSEPT Disclosure
6th May 200912:02 pmRNSEPT Disclosure
5th May 200911:51 amRNSDirector's dealing
30th Apr 20094:05 pmRNSAdditional Listing and EBT Purchase
30th Apr 200910:30 amRNSEPT Disclosure
24th Apr 200910:28 amRNSEPT Disclosure
23rd Apr 20099:53 amRNSResult of AGM
22nd Apr 20097:00 amRNSAnnual General Meeting 2009: Statement
21st Apr 200910:59 amRNSEPT Disclosure
20th Apr 200911:36 amRNSEPT Disclosure
9th Apr 20092:21 pmRNSCompletion of Tender
8th Apr 200911:22 amRNSDirector's dealing
26th Mar 200910:26 amRNSEPT Disclosure
18th Mar 200912:01 pmRNSEPT Disclosure
17th Mar 200910:49 amRNSEPT Disclosure
16th Mar 20092:30 pmRNSAnnual Report and Accounts
6th Mar 20094:04 pmRNSDirector Declaration
2nd Mar 20093:58 pmRNSDirector Declaration
3rd Feb 20094:33 pmRNSDirector/PDMR Shareholding
3rd Feb 20094:31 pmRNSHolding(s) in Company
3rd Feb 20097:00 amRNSDirector's dealing
30th Jan 20094:20 pmRNSEBT Disposal
16th Jan 20094:11 pmRNSEBT Purchase
16th Jan 20094:10 pmRNSHolding(s) in Company
13th Jan 200910:12 amRNSEPT Disclosure
13th Jan 20097:00 amRNSPreliminary Results
9th Jan 20092:48 pmRNSEPT Disclosure
9th Jan 20092:46 pmRNSEPT Disclosure-Amendment
9th Jan 200910:01 amRNSEPT Disclosure

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.