Peel Hunt Limited NPV (PEEL)

Sector:

Financials

Index:

FTSE AIM All-Share

76.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 147.00
  • 52 Week Low: 74.45
  • Currency: UK Pounds
  • Shares Issued: 122.81m
  • Volume: 133,464
  • Market Cap: £93.33m

Peel Hunt swings to H1 profit as market conditions pick up

By Benjamin Chiou

Date: Friday 29 Nov 2024

LONDON (ShareCast) - (Sharecast News) - AIM-listed investment banking group Peel Hunt swung to a first-half profit on the back of a big jump in revenues as the business capitalised on improving market conditions, though the outlook remains uncertain.
Group revenues were up 26% year-on-year at £53.8m in the six months to 30 September, helped by the company executing two IPOs, collecting material M&A fees and generating increased trading revenues early on in the period.

The company reported an increased performance across its three main business divisions of investment banking, research and distribution, and execution services.

Adjusted pre-tax profit was £4.6m, compared with a loss of £0.5m the year before.

"We were able to capitalise on improving market conditions in the first few months of FY25," said chief executive Steven Fine.

"However, the recovery slowed over the summer period and investor sentiment was impacted in the last few weeks of the period due to concerns around the UK Budget, particularly in relation to AIM."

Looking ahead, the company said that trading over the first few weeks of the second half has been in line with expectations, but added: "We expect a degree of uncertainty to persist in the short term and consequently some of these transactions are more likely to execute in our next financial year".

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PEEL Market Data

Currency UK Pounds
Share Price 76.00p
Change Today 0.50p
% Change 0.66 %
52 Week High 147.00
52 Week Low 74.45
Volume 133,464
Shares Issued 122.81m
Market Cap £93.33m

PEEL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
27.62% below the sector average27.62% below the sector average27.62% below the sector average27.62% below the sector average27.62% below the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
81.98% below the sector average81.98% below the sector average81.98% below the sector average81.98% below the sector average81.98% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
72% below the sector average72% below the sector average72% below the sector average72% below the sector average72% below the sector average

PEEL Dividends

  Latest Previous
  Final
Ex-Div 16-Jun-22
Paid 15-Jul-22
Amount 3.10p

Trades for 14-Mar-2025

Time Volume / Share Price
16:00 16,000 @ 77.00p
15:16 5,000 @ 75.00p
14:17 20,000 @ 76.52p
12:12 3,000 @ 76.10p
11:17 8,402 @ 75.92p

PEEL Key Personnel

CEO Steven Fine
Chair Lucinda Riches

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