ARBUTHNOT BANKING GROUP PLC
22 February 2018
Pre close Trading Update
Arbuthnot Banking Group PLC ("Arbuthnot" or "the Group") today issues a pre close trading update ahead of its final results announcement for the year ended 31 December 2017 which is scheduled for 28 March 2018.
The Group continued to trade well in the fourth quarter of 2017 and as a result anticipates reporting full year 2017 pre-tax profits in line with market expectations.
As previously announced, the Group continues to explore opportunities to develop new businesses organically, thereby diversifying its sources of income, and the Group will update on progress of these initiatives in the final results. The launch of such new businesses in 2018 will be supported by certain upfront investment, such as the hiring of additional teams.
Enquiries:
Arbuthnot Banking Group |
0207 012 2400 |
Sir Henry Angest, Chairman and Chief Executive
Andrew Salmon, Group Chief Operating Officer
James Cobb, Group Finance Director
Stifel Nicolaus Europe Ltd trading as KBW (Nomad and Joint Broker) |
0207 710 7600 |
Robin Mann
Gareth Hunt
Stewart Wallace
Numis Securities Ltd (Joint Broker) |
0207 260 1000 |
Chris Wilkinson
Maitland
Sam Cartwright |
0207 379 5151 |
