16th Sep 2020 14:23
RBG Holdings PLC - London-based law firm - Revenue for six months ended June 30 jumps 45% to GBP12 million from GBP8.2 million, helped by a 42% rise in legal services revenue to GBP11.7 million. Pretax profit falls 55% to GBP1.4 million from GBP3.2 million on increased overhead and staff costs. Postpones decision on the exact amount of 2020 dividend until the end of the financial year. Performing well in a very testing environment and remains well positioned for second half. Cautious about making future forecasts given the economic uncertainty.
Current stock price: 62.29 pence
Year-to-date change: down 32%
By Tapan Panchal; [email protected]
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