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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Walker Crips Group Plc | LSE:WCW | London | Ordinary Share | GB00B1YMRV88 | ORD 6 2/3P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 2.27% | 22.50 | 22.00 | 23.00 | 22.50 | 22.00 | 22.00 | 22,276 | 14:26:46 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Security Brokers & Dealers | 31.61M | 418k | 0.0098 | 22.96 | 9.37M |
From Jul 2019 to Jul 2024
TIDMWCW
RNS Number : 5921A
Walker Crips Group plc
03 February 2011
Walker Crips Group Plc
Interim Management Statement
Walker Crips Group Plc ("WCG" or the "Group"), the integrated financial services group, is today issuing an Interim Management Statement. The statement covers the period from 1 October 2010 to 31 December 2010 (the "Quarter") unless otherwise stated.
The Quarter is the third of WCG's current financial year. Trading levels continued to improve as a degree of confidence returned to financial markets. Group net revenue for the Quarter increased to GBP3.76m (2009: 3.41m), a 10.2% increase over the same quarter in the prior year.
WCAM, our asset management subsidiary, continued to build upon its growing reputation. Funds under management increased to GBP753m at 31 December 2010 compared to GBP750m at 30 September 2010 and GBP597m at the 31 December 2009.
There have been no significant changes to the balance sheet since the half year end on 30 September 2010 and WCG remains in a strong financial position.
A press release on 20 January 2011 from the Financial Services Compensation Scheme ("FSCS") announced a second interim levy for 2010/11. The Group has recently received invoices showing an allocation of GBP220,000 in respect of these levies, which was in excess of our expectations. These additional charges have arisen mainly through the failure of Keydata Investment Services Limited and Wills & Co. The Group is not in any way implicated in these failures.
Trading conditions since the end of the Quarter have remained encouraging. Whilst the second interim levy will have an impact on full year profitability, the Group remains positive about the final quarter.
For further information, please contact:
Walker Crips Group Plc Tel: +44 (0)20 3100 8000 Rodney FitzGerald, Chief Executive Stephen Bailey, Investment Director Altium Tel: +44 (0) 20 7484 4040 Ben Thorne Tim Richardson
3 February 2011
This information is provided by RNS
The company news service from the London Stock Exchange
END
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