Anexo Annual Profit To Beat Market Expectations Amid Robust Trading

(Alliance News) - Anexo Group PLC on Wednesday said it expects 2019 pretax profit to exceed ...

Alliance News 12 June, 2019 | 11:06AM
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(Alliance News) - Anexo Group PLC on Wednesday said it expects 2019 pretax profit to exceed current market expectations of GBP18.1 million due to strong overall trading, with a good performance from Bond Turner legal unit.

Shares in the legal services firm were up 10% at 182.20 pence in morning trade.

"Integration of the new regional office for Bond Turner, the group's legal services division, which is located in Bolton and which became operational on 3 December 2018, has progressed at a faster rate than originally expected. The group continues to actively recruit new staff to its team of solicitors and other litigation specialists allowing the group to process an increasing volume of cases," Anexo said.

Anexo will provide a further update alongside its interim results in September.

By Anna Farley; annafarley@alliancenews.com

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Anexo Group PLC 182.80 GBX 0.99 -
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