Arden Partners (ARDN)

Sector:

Financials

Index:

FTSE AIM All-Share

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

Volatile conditions make 2015 tough for Arden Partners

By Josh White

Date: Thursday 28 Jan 2016

LONDON (ShareCast) - (ShareCast News) - Challenging market conditions made for a tough 2015 for Arden Partners, with the firm reporting its preliminary results for the 12 months ended 31 October 2015 on Thursday.
The AIM-traded institutional stockbroking company reported revenue of £5.5m, down from £8m in 2014.

Arden Partners' loss before tax for the year was £2.1m, down from a profit of £0.08m. Its underlying loss was £1.8m, down from a £0.15m underlying profit in 2014.

The numbers made for a basic loss per share of 10.8p for the year.

"Although Arden has struggled to capitalise on its strong institutional and corporate client base to increase market share in these challenging times, the book of mandated business since the year end has increased substantially", said chairman Peter Moon.

"We are confident that work in progress will be converted to profitable business as the year progreses", he commented.

Chief executive James Reed-Daunter said that market conditions remained challenging.

"Arden has already booked a number of transactions in its new financial year, and is working to complete further mandates from its healthy pipeline of corporate business", he said.

"With a strong balance sheet and a strong board, we continue to work hard to deliver shareholder value for the longer term", Reed-Daunter concluded.

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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 35.00
52 Week Low 15.00
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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