IN BRIEF: Arbuthnot Banking says 2025 profit to be at top of consensus
Arbuthnot Banking Group PLC - London-based merchant bank - Says pretax profit for 2025 will be at the upper end of market consensus expectations, which the company puts at between GBP22 million and GBP24 million. This still will be down at least 32% from GBP35.1 million in 2024, which in turn was down 26% from GBP47.1 million in 2023. Back in July, Arbuthnot reported a 48% fall in pretax profit for the first half of 2025 to GBP10.9 million from GBP20.8 million a year before, hurt by lower UK interest rates. However, Arbuthnot on Thursday says it "made good progress" in the fourth quarter of the year. The company will release it full annual results on March 26. Read More