Fairpoint trading in line, board confirms
9th May 2016 14:32
(ShareCast News) - Investors were gathering for the annual general meeting of Fairpoint today, which was performing in line with management expectations in its first quarter, though its board did describe the period as "quieter". The AIM-traded consumer professional services provider said at this st
Read moreFairpoint's interim revenue surges
3rd Sep 2015 08:55
(ShareCast News) - Professional services provider Fairpoint posted an increase in interim profit on the back of a surge in revenue. The London-listed company said revenue grew 64% year-on-year to £22.9m in the six months to the end of June, while adjusted profits before tax climbed 21% to £4.1m. Fa
Read moreFairpoint completes legal buy
17th Aug 2015 08:21
(ShareCast News) - Consumer law company Fairpoint Group has completed its buy out of law firm Colemans-CTTS. The deal involved an £8m cash payment and the issue of 755,516 ordinary shares at 132p per ordinary share. Fairpoint Group chief executive Chris Moat said the acquisition would add annual re
Read moreFairpoint clinches Colemans deal
3rd Aug 2015 10:03
(ShareCast News) - Professional services provider Fairpoint Group has completed the acquisition of consumer legal services business Colemans-CTTS LLP worth up to £16m. On Monday, the London-listed company announced the cash-and-stock deal, which will be financed with existing cash resources, indicat
Read moreFairpoint Group confident in full-year results despite H1 profits drop
11th Sep 2014 11:27
Fairpoint Group, a financial services business, saw its profits fall during the first-half, but said the results were in line with expectations. Profit before tax dropped to £1.2m in the first six months of the year, against £2.6m the same time last year. The group’s revenue slightly decrease
Read moreFairpoint completes acquisition of Debt Line Topco
11th Aug 2014 12:01
Professional services supplier Fairpoint Group has bought Debt Line Topco, the group announced on Monday. Fairpoint will pay £3m for the Bournemouth-based debt provider, the group said in a statement. In the financial year ended 31 March, Debt Line's pre-tax profit before non-recurring items, was
Read moreAvanti Comms directors increase company holdings
7th Jul 2014 16:29
Satellite operator Avanti Communications on Monday reported that David Bestwick, its Chief Technology Officer, and Nigel Fox, its Chief Financial Officer, had both increased their holdings in the group. The largest of the purchases was made by Bestwick, who bought 4,000 shares at 250.03p each on F
Read moreFairpoint acquires Bristol-based law firm
1st Jul 2014 08:40
Financial services group Fairpoint has acquired a Bristol-based law firm for £0.4m as part of its plan to expand income streams in legal services. The company has purchased family law specialists Fosters and partners, which generated revenues of £1.2m in the year ended December 2013. Chief Execut
Read moreFairpoint receives approval to acquire Simpson Millar Solicitors
17th Jun 2014 09:28
Financial services group Fairpoint has completed the acquisition of Simpson Millar Solicitors together with associated companies for £7m. The group, which has now received approval from the Solicitors Regulation Authority, first announced the acquisition on April 9th. The transaction is in line
Read moreFairpoint Group partners with AIB to acquire 20m pound banking facility
21st May 2014 09:25
AIM-listed financial services firm Fairpoint Group has signed a joint agreement with Allied Irish Banks (AIB) to acquire a new 20m pound banking facility. The group's new facility compromises an £8m term loan which will be used to finance the initial cash consideration. The acquisition was announce
Read moreFairpoint Group reports drop in annual revenue on weak IVA market
13th Mar 2014 10:10
Financial advisor Fairpoint Group reported a drop in annual revenues, as less people applied for individual voluntary arrangements (IVA). Revenue fell to £28.4m in the year ended December 31st 2013, from £29.9m. The company said it was a "subdued" year in the market for IVAs, a formal repayment pro
Read moreFairpoint Group unveils hike in annual profits
14th Mar 2013 11:29
UK financial advisor Fairpoint Group recorded an 87 per cent rise in annual pre-tax profits Thursday as diversified activities pushed revenues higher. The provider of solutions to financially stressed consumers said adjusted profit before tax for 2012 came to £7.6m, compared to £4.0m reported a yea
Read moreFairpoint Group returns to profit
27th Sep 2012 13:07
Debt advisor Fairpoint Group reported a first half profit compared to a loss the same half a year earlier helped by a strong recovery at its IVA services division and as it continued to diversify its income streams. The group reported a pre-tax profit of £2.1m in the six months ended June 30th 2012
Read moreArden Partners COO buys shares after disappointing results
20th Jul 2012 16:20
Steve Wassell, the Chief Operating Officer of stockbroker Arden Partners, purchased 195,000 in the stockbroker through his self-invested personal pension on Thursday. Wassell bought the shares at 43.50p each for a total of £84,825, increasing his stake in the company to 373,743 shares, equal to aro
Read moreSmall caps round-up: Plastics Capital, Vislink, Westminster Group ...
25th Apr 2012 13:54
Plastics Capital, a niche platics products group, has said it expects its result for the full year to 31 March 2012 will be in line with market expectations, despite sales continuing to be affected by the aftermath of the Thai floods. The firm said profit margins have remained good, cash flow has be
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