By Andrew Schonberg
Date: Thursday 11 May 2017
LONDON (ShareCast) - (ShareCast News) - Jarvis Securities' shares improved more than 11% as investors liked news its full-year pre-tax profit for 2017 will be significantly above current market expectations.
It said pre-tax profit for the four months to April 2017 had risen significantly compared to the same period in the prior year.
"During this period revenues have increased 25% driven by organic growth in the business and improved market conditions. In the same period costs have increased 7%," said Jarvis.
"The board forecasts that pre-tax profit for the year ended 2017 will be significantly above current market expectations."
At 13:37 BST, shares in AIM-listed Jarvis Securities were up 11.02% to 463.5p, and were then off their earlier highs.
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| Currency | UK Pounds |
| Share Price | 17.00p |
| Change Today | 0.000p |
| % Change | 0.00 % |
| 52 Week High | 51.00p |
| 52 Week Low | 12.50p |
| Volume | 16,000 |
| Shares Issued | 44.73m |
| Market Cap | £7.60m |
| RiskGrade | 164 |
| Value |
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| Price Trend |
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| Income |
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| Growth |
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| Latest | Previous | |
|---|---|---|
| Special | 1st Interim | |
| Ex-Div | 07-Aug-25 | 27-Feb-25 |
| Paid | 03-Sep-25 | 25-Mar-25 |
| Amount | 2.90p | 1.50p |
| Time | Volume / Share Price |
| 11:15 | 16,000 @ 17.50p |
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