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Arden Partners Says Trading Satisfactory, Pipeline Encouraging

20th Mar 2014 12:01

LONDON (Alliance News) - Arden Partners PLC Thursday said trading had been satisfactory in the first four months of its financial year.

In a statement ahead of the company's annual general meeting, Chairman Peter Moon said the company has an "encouraging" pipeline of corporate finance work which it is hoping to deliver in the second half of the fiscal year.

"The balance sheet remains strong, which, alongside our continued tight control of overheads, should enable the company to pursue further growth opportunities," Moon said.

The non-executive chairman said the company has recruited into key areas of the business since the turn of the year and is looking to make a number of further hires into key strategic roles. He didn't give any more details about the roles or numbers involved.

Arden Partners shares last traded at 92.5 pence.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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ARDN.L
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