Interim profit and revenue rise at Mattioli Woods
5th Feb 2019 11:18
(Sharecast News) - Wealth manager Mattioli Woods posted a rise in interim profit and revenue on Tuesday as it said its profit outlook for the year remains in line with management's expectations.
Read moreThursday broker round-up
10th Jan 2019 13:28
(Sharecast News) - Burberry: Berenberg downgrades to hold with a target price of 1,920p.
Read moreMattioli Woods confident in face of geopolitical risks
7th Jan 2019 07:41
(Sharecast News) - Specialist wealth management and employee benefits provider Mattioli Woods updated the market on its trading on Monday, ahead of its interim results for the six months ended 30 November, reporting "strong growth" in adjusted EBITDA and adjusted profit before tax year-on-year.
Read moreMattioli Woods secures further revenue growth
25th Oct 2018 14:55
(Sharecast News) - Investors in specialist wealth management and employee benefits business Mattioli Woods were told how the company had secured further revenue growth and operational efficiencies in the first four months of the year at the company's annual general meeting on Thursday.
Read moreThursday broker round-up
25th Oct 2018 11:31
(Sharecast News) - Hastings: Numis upgrades to buy with a target price of 295p.
Read moreMattioli Woods buys Broughtons for up to £4m
9th Aug 2018 15:45
(Sharecast News) - Wealth management and employee benefits business Mattioli Woods has announced the acquisition of wealth management advice and administration group Broughtons for up to £4m.
Read moreMattioli Woods buys chunk of Amati Global Investors
7th Feb 2017 12:58
(ShareCast News) - Specialist wealth management and employee benefits business Mattioli Woods announced it has acquired 49% of the issued share capital of Amati Global Investors from Amati Global Partners on Tuesday, for a total consideration of £3.33m. The AIM-traded company confirmed it has also e
Read moreMattioli Woods pleased with acquisition progress
9th Jan 2017 08:13
(ShareCast News) - Specialist wealth management and employee benefits business Mattioli Woods issued a trading update on Monday, in advance of its interim results for the six months to 30 November, which are to be announced on 7 February. The AIM-traded company reported "strong growth", with revenue
Read moreMattioli Woods' full year revenue rises due to five acquisitions
8th Sep 2016 12:38
(ShareCast News) - Wealth management and employee benefit provider Mattioli Woods' full year revenue rose due to several acquisitions, although it experienced a slowdown in investment activity since the Brexit vote. For the year ended 31 May, revenue was up 24.3% to £43m, compared to the same period
Read moreMattioli Woods buys MC Trustees for £2.2m
8th Sep 2016 08:26
(ShareCast News) - Wealth management and employee benefit provider Mattioli Woods bought MC Trustees, which includes Old Station Road Holdings and its subsidiaries, for up to £2.2m. Mattioli Woods' initial consideration of £1.2m, which is subject to adjustment for the value of net assets, comprised
Read moreTuesday broker round-up
16th Feb 2016 17:53
(ShareCast News) - Mattioli Woods: Canaccord upgrades to buy,640p target and N+1 Singer upgrades to buy with a target of 630p. Connect Group: Shore Capital upgrades to buy. Servelec: invetec reiterates buy with a target of 400p and N+1 Singer keeps at buy, 360p target. Acacia Mining: JP Morgan sta
Read moreMattioli Woods hikes interim dividend 15% as AUM grows strongly
2nd Feb 2016 11:43
(ShareCast News) - Revenue from Mattioli Woods increased 20% in the first half of the year after the wealth manager grew assets under management by more than 24% despite the volatile markets. Total revenue increased 20% to £19.9m, of which recurring revenues represented 81.6% as total client assets
Read moreMattioli Woods acquires Lindley Group pension business
5th Oct 2015 09:07
(ShareCast News) - Mattioli Woods has acquired the pension administration business of Lindley Group for just under £0.2m. The wealth management and employee benefits business announced the deal on Monday, which is being funded from existing cash resources. Lindley Group's pension business provides
Read moreMattioli Woods to spend almost £15m on new Leicester HQ
17th Aug 2015 14:00
(ShareCast News) - Finance advisor Mattioli Woods said it would spend £14.6m on a new head office in Leicester, but this would not reduce headroom for acquisitions. Shares in the pension specialist were down by 0.64% at 570.30p on the news it would build on the site of the former Leicester City Coun
Read moreMattioli Woods confirms it raised £18.6m in share placing
22nd Jun 2015 15:34
Wealth management provider Mattioli Woods confirmed on Monday that a total of 3.8m shares were placed with institutional investors at 490p per share, raising gross proceeds of £18.6m. Application has been made for the 2m firm placing shares and 235,742 consideration shares to be admitted to trading
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