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EW Group Loss Narrows, Net Assets Increase 70%

30th Sep 2013 15:35

LONDON (Alliance News) - EW Group Ltd Monday said its net assets had increased 70% to GBP5.6 million over the first six months of the calendar year.

"The first half of 2013 has seen a continued focus by the company in maximising value from its core investment in European Wealth, which the directors believe has the potential to drive significant shareholder value over the medium term," Director Paul Everitt said.

Its net loss narrowed to GBP116,245 in the six months to June 30, from GBP169,382.

By Steve McGrath; [email protected]; @stevemcgrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


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