Alpha Financial Markets Consulting (AFM)

Sector:

Support

Index:

FTSE AIM 100

324.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 499.50
  • 52 Week Low: 305.00
  • Currency: UK Pounds
  • Shares Issued: 122.01m
  • Volume: 120,461
  • Market Cap: £395.31m
  • RiskGrade: 82

Alpha FMC upbeat on strong first half trading

By Josh White

Date: Wednesday 06 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Asset, wealth and insurance management consultant Alpha FMC reported a "strong" first half performance in a trading update on Wednesday, adding that it was "confident" in achieving its full-year expectations.

The AIM-traded firm said the momentum and strong pipeline carried into the 2022 financial year had continued through the six months ended 30 September, with positive trading conditions in the period.

It said increased client demand delivered "strong" double-digit organic net fee income growth compared to the first half of the 2021 financial year, with "particularly strong" like-for-like progress in Alpha's North America, and Europe and Asia regions.

"Margins have also been strong, lifted by higher than target consultant utilisation levels, alongside an increasing but well controlled variable cost base," the board said in its statement.

"The group has also successfully delivered strong sales wins and grown its opportunity pipeline through the first half.

"The integration of Lionpoint continues to proceed as planned and the business has performed in line with our expectations, delivering good revenue growth since the acquisition in May."

Alpha FMC said it would report its interim results for the six months ended 30 September on 24 November.

At 1022 BST, shares in Alpha Financial Markets Consulting were up 2.6% at 355p.

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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.

 

AFM Market Data

Currency UK Pounds
Share Price 324.00p
Change Today -6.00p
% Change -1.82 %
52 Week High 499.50
52 Week Low 305.00
Volume 120,461
Shares Issued 122.01m
Market Cap £395.31m
RiskGrade 82

AFM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.57% below the market average53.57% below the market average53.57% below the market average53.57% below the market average53.57% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
24.91% below the market average24.91% below the market average24.91% below the market average24.91% below the market average24.91% below the market average
24.75% below the sector average24.75% below the sector average24.75% below the sector average24.75% below the sector average24.75% below the sector average
Income
38.21% above the market average38.21% above the market average38.21% above the market average38.21% above the market average38.21% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Growth
84.55% above the market average84.55% above the market average84.55% above the market average84.55% above the market average84.55% above the market average
90.00% above the sector average90.00% above the sector average90.00% above the sector average90.00% above the sector average90.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 1
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AFM Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Dec-23 07-Sep-23
Paid 21-Dec-23 19-Sep-23
Amount 3.70p 10.50p

Trades for 28-Mar-2024

Time Volume / Share Price
16:42 902 @ 322.00p
16:36 1,439 @ 324.00p
16:35 4,554 @ 324.00p
16:35 8,958 @ 324.00p
16:35 3,000 @ 324.00p

AFM Key Personnel

CFO John Paton
CEO Luc Baqué

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