Arden confident after returning to profit

STOCKBROKER Arden Partners has said it remains cautiously optimistic about growth after announcing a 14% increase in revenues during the first half compared with last year.

The firm, which has a major operation in Birmingham, said income grew to £7.4m, compared with £6.5m in the same period last year. Pre-tax profit grew to £1.2m, which compares with a loss of £0.2m last year.

Basic profit per share grew to 3.7p, which compared with a loss of 1.7p per share last year.

Chief executive Jonathan Ke... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...