STM FY revenues seen ahead of market expectations

23rd Feb 2024 09:05

(Sharecast News) - Financial services provider STM Group said on Friday that full-year revenues were £28.0m, ahead of market expectations, driven by higher than forecasted interest income.

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STM pushes back takeover deadline for second time

22nd Aug 2023 10:05

(Sharecast News) - Shares in AIM-listed STM Group dropped on Tuesday morning after the financial services company once again extended its deadline to agree terms on a takeover by Pension SuperFund (PSF) Capital.

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STM agrees in principle to potential 70p-a-share takeover

11th Jul 2023 09:23

(Sharecast News) - STM Group said on Tuesday that it had agreed in principle with Pension SuperFund Capital on the key terms of a possible 70p-a-share cash offer, sending shares in the AIM-listed financial services provider surging.

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Director dealings: STM CEO makes share purchase

3rd Dec 2021 15:22

(Sharecast News) - STM Group revealed on Friday that chief executive Alan Kentish had acquired 300,000 ordinary shares in the AIM-listed financial services provider.

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STM Group H2 trading 'frustrating' amid revenue delays

19th Nov 2021 09:45

(Sharecast News) - Financial services provider STM Group said on Friday that the second half of the year to date had been "a frustrating period" for the company, with certain anticipated new business revenues being slower to materialise than expected.

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STM Group profits slip as it focuses on core services

11th May 2021 08:50

(Sharecast News) - Financial services provider STM Group reported underlying revenue of £24m in its final results on Tuesday, up from £22.9m in the prior year.

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STM sells Jersey-based trust services business

10th May 2021 14:20

(Sharecast News) - Cross-border financial services provider STM Group announced the unconditional sale of its Jersey-based trust and company services businesses for a minimum of £1.4m cash.

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STM Group CFO to stand down

3rd Feb 2021 08:42

(Sharecast News) - Financial services group STM said on Wednesday that long-time chief financial officer Therese Neish will resign from the company after 17 years.

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STM Group FY revenues grow despite Covid-19

30th Nov 2020 10:11

(Sharecast News) - Financial services provider STM Group said on Monday that it expects to deliver revenues of £23.7m for the twelve months ending 31 December despite "significant macro-economic challenges" experienced throughout the year.

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STM Group Q4 new business wins impacted by Covid-19

14th Oct 2020 10:05

(Sharecast News) - Financial services provider STM Group warned on Wednesday that new business wins for the remainder of the year would likely fall short of prior expectations as Covid-19 continued to cause delays.

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STM Group sees only 'limited impact' from Covid-19

6th Aug 2020 10:30

(Sharecast News) - Financial services provider STM said on Thursday that it had seen only a "limited impact" on its ability to service existing customers and onboard new business from the ongoing Covid-19 pandemic.

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STM Group's conversion timelines remain slowed

17th Jun 2020 10:08

(Sharecast News) - Cross-border financial services provider STM Group warned on Wednesday that conversion timelines had remained slower during the Covid-19 crisis.

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STM warns on profits as new business applications miss targets

27th Nov 2019 09:34

(Sharecast News) - Financial services provider STM issued a profit warning on Wednesday after revealing new business applications within its pensions unit had come in lower than expected.

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STM revenues drop following technical reserves release

30th Jan 2019 08:07

(Sharecast News) - Financial services provider STM expects to report a slight drop in annual profits on the back of a technical reserves release from its insurance division.

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STM warns on profits over 'uncollectable' policy fees

30th Nov 2018 09:20

(Sharecast News) - Financial services company STM Group warned investors that full-year profits would be hampered by "uncollectable policy fees" and softer-than-expected new business wins in one of its insurance divisions.

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