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Trading Statement

26 Jun 2015 07:00

RNS Number : 2759R
W.H. Ireland Group PLC
26 June 2015
 

26 June 2015

WH Ireland Group PLC

("WH Ireland" or the "Company")

Half Year Trading Update

Notice of results

 

WH Ireland today issues a trading update for its half year ended 31 May 2015. Overall WH Ireland has performed well in the first half, with an improved performance compared to last year .

The Private Wealth Management division has continued to grow its asset base and at the end of the trading period, total assets under management and administration had risen to £2.8 billion (30 November 2014: £2.7bn). Of this total, discretionary assets have risen to in excess of £800 million (30 November 2014: £700m). Management fee income, reflecting this ongoing improvement to our asset mix, has grown significantly when compared with the same period a year ago.

The Corporate Broking division has continued to grow its corporate client base. At the half year, it was retained by 98 corporate clients (92 for the comparable period a year ago) and as a consequence, its recurring retainer fee income has continued to increase. Success fees are above those achieved last year, although market making, whilst positive, is lower than the same period a year ago.

It is anticipated that the half year results will be released on Monday, 20th July, 2015.

Richard Killingbeck, Chief Executive, said:

"Both our divisions have had good half years, with strong progress in their respective key metrics: increased discretionary funds under management in Private Wealth Management and increased numbers of clients in Corporate Broking. We look forward to making further progress in the balance of the year."

 

For further information please contact:

 

WH Ireland Group plc www.wh-ireland.co.uk

Richard Killingbeck, Chief Executive Officer +44(0) 20 7220 1666

Miles Nolan, Head of Communications

 

SPARK Advisory Partners Limited

 

Mark Brady/Miriam Greenwood

+44(0) 203368 3551/3550

 

 

 

MHP Communications

Reg Hoare / Jade Neal / Jamie Ricketts +44(0) 20 3128 8100 whireland@mhpc.com

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTEELFLEQFBBBL
Date   Source Headline
17th Nov 202512:58 pmRNSForm 8.3 - W.H. Ireland Group PLC
14th Nov 202510:13 amRNSForm 8 (DD)
13th Nov 20259:39 amRNSForm 8.3 - WH Ireland Group plc
13th Nov 20259:37 amRNSDisclosure Table
13th Nov 20258:38 amRNSDisclosure Table
13th Nov 20257:49 amRNSDisclosure Table
13th Nov 20257:00 amRNSPossible Offer
5th Nov 20257:00 amRNSDirectorate Change
29th Oct 20257:00 amRNSDeferred Consideration re Capital Markets Division
27th Oct 20252:51 pmRNSResult of GM
27th Oct 20257:00 amRNSDirectorate Change
20th Oct 20251:49 pmRNSAdjournment of GM
16th Oct 20259:24 amRNSHolding(s) in Company
16th Oct 20259:23 amRNSHolding(s) in Company
9th Oct 20253:07 pmRNSResult of General Meeting
8th Oct 202510:21 amRNSResponse to Press Speculation
30th Sep 20253:23 pmRNSResult of AGM
26th Sep 20254:14 pmRNSFinal Results, Notice of GM and Annual Report
22nd Sep 20257:26 amRNSConditional disposal of Wealth Management Business
5th Sep 20257:00 amRNSNotice of AGM
10th Feb 20257:00 amRNSHenley Office
17th Dec 20241:17 pmRNSHolding(s) in Company
13th Dec 20247:04 amRNSInterim Results
17th Oct 20247:00 amRNSChange of Nominated Adviser and Broker
14th Oct 20247:00 amRNSNominated Adviser Status
30th Sep 20244:08 pmRNSResult of AGM
10th Sep 20249:51 amRNSHolding(s) in Company
30th Aug 202412:00 pmRNSNotice of AGM and Publication of Annual Report
22nd Aug 20245:46 pmRNSHolding(s) in Company
12th Aug 20247:00 amRNSFinal Results
15th Jul 20247:00 amRNSCompletion of Sale of the Capital Markets Division
27th Jun 20246:19 pmRNSHolding(s) in Company
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26th Jun 202410:26 amRNSConfirmation of Chair Appointment
21st Jun 20248:09 amRNSDirector Notification
3rd Jun 20247:00 amRNSSale of Capital Markets Division & Trading Update
20th May 202411:14 amRNSResponse to Press Speculation
27th Dec 20237:00 amRNSInterim Results for Six Months ended 30 Sep 2023
16th Nov 20237:00 amRNSBoard Changes
24th Oct 20232:07 pmRNSResult of AGM
27th Sep 20237:00 amRNSFinal Results and Notice of AGM
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16th Aug 20232:56 pmRNSHolding(s) in Company

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