21st Jan 2016 10:17
LONDON (Alliance News) - Mortgage Advice Bureau (Holdings) PLC, which provides face to face financial and mortgage advice on the high street, on Thursday said its underlying trading performance for 2015 was ahead of its expectations, boosted by a "particularly strong" end to the year.
"Activity levels have continued to be high, with group revenue continuing its upward trend," the mortgage broker said.
Revenue amounted to GBP75.0 million in 2015, Mortgage Advice Bureau said, up by one third on the prior year.
The average number of advisers, a key driver of revenue, rose to 790 from 634 over the course of 2015, the company said, with an average of 720 over the course of the year.
The company is due to publish earnings for 2015 on March 22.
Shares in Mortgage Advice Bureau were up 6.3% at 318.90 pence on Thursday morning.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Mortgage Advice Bureau