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1 Oct 2013 07:00
CHARLES STANLEY GROUP PLC
INTERIM PRE-CLOSE TRADING UPDATE 1 October 2013
Further to our interim management statement issued on 26 July 2013, the Company is providing a pre-close update on trading in the six months ended 30 September 2013 ahead of announcing its interim results on Thursday, 14 November 2013.
During the first quarter to 30 June 2013 higher levels of funds under management and an increasingly confident market helped lift both fee and commission income levels. The second quarter has been more muted with a seasonal fall in transaction volumes over the holiday period. However, market values, and fee levels, have remained steady. Therefore, results for the six months to 30 September 2013 are anticipated to be in line with expectations.
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