Arden Partners (ARDN)

Sector:

Financials

Index:

FTSE AIM All-Share

 18.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 35.00p
  • 52 Week Low: 15.00p
  • Currency: UK Pounds
  • Shares Issued: 30.82m
  • Volume: 0
  • Market Cap: £5.55m
  • RiskGrade: 231
  • Beta: 0.05

Arden Partners' interim loss widens on pipeline slowdown

By Daniel Cancian

Date: Thursday 30 Jul 2015

LONDON (ShareCast) - (ShareCast News) - Institutional stockbroker Arden Partners reported said its interim loss widened on the back of slow delivery of its corporate pipeline.
In the six months to 30 April, the London-listed group posted a pre-tax loss of £1.2m, more than double the £0.47m it recorded in the corresponding period in 2014, while revenue declined 22% year-on-year to £2.7m.

Arden attributed the widening loss and the decline in revenue to a slowdown in corporate transactions, driven by market uncertainty generated by the UK's General Election in May.

"We are encouraged by revenues booked to date in the second half and by the current levels of trading, particularly in the corporate division," said group chief executive James Reed-Daunter.

"The mix and depth of mandated transactions on which we are now focussed, is in part reflective of our recruitment activities over the last 12 months and of the recent restructuring of our corporate finance area."

Arden shares were down 5.95% to 39.50p at 1251 BST on Thursday.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Arden Partners Market Data

Currency UK Pounds
Share Price 18.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 35.00p
52 Week Low 15.00p
Volume 0
Shares Issued 30.82m
Market Cap £5.55m
Beta 0.05
RiskGrade 231

Arden Partners Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.40% above the market average55.40% above the market average55.40% above the market average55.40% above the market average55.40% above the market average
38.89% above the sector average38.89% above the sector average38.89% above the sector average38.89% above the sector average38.89% above the sector average
Price Trend
80% below the market average80% below the market average80% below the market average80% below the market average80% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Income Not Available
Growth
2.59% below the market average2.59% below the market average2.59% below the market average2.59% below the market average2.59% below the market average
17.74% below the sector average17.74% below the sector average17.74% below the sector average17.74% below the sector average17.74% below the sector average

Arden Partners Dividends

  Latest Previous
  Final Final
Ex-Div 28-Feb-19 01-Mar-18
Paid 27-Mar-19 22-Mar-18
Amount 1.00p 1.00p

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

Arden Partners Key Personnel

Chair Mark Ansell
CEO Donald Brown

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