Wealth manager unveils fourth year of consectutive growth

AFH chief executive Alan Hudson
Wealth manager AFH has revealed its fourth consecutive year of growth since joining the Alternative Investment Market. The Bromsgrove-based group said that for the year to October 31, it had seen an increase in earnings per share of 57% and a 33% increase in dividend per share. It defined the group’s year as “strong organic growth delivered through captive distribution model”. Revenues were up 39% to £33.6m (2016: £24.1m), with underlying EBITDA up 57% to £5.7m (2016: £3.6m). Underlying EBITDA margin increased to 17... 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...
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