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 | 60.50p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 160.50 |
52 Week Low | 46.50 |
Volume | 75,895 |
Shares Issued | 44.73m |
Market Cap | £27.06m |
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 | |
---|---|---|
1st Interim | 3rd Interim | |
Ex-Div | 22-Feb-24 | 17-Aug-23 |
Paid | 19-Mar-24 | 12-Sep-23 |
Amount | 1.75p | 2.25p |
Time | Volume / Share Price |
16:29 | 2 @ 60.70p |
15:29 | 20,000 @ 60.60p |
16:08 | 3,291 @ 60.65p |
15:56 | 107 @ 60.60p |
15:29 | 3,194 @ 60.60p |
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