31st Mar 2026 13:19
(Alliance News) - Peel Hunt Ltd on Tuesday said it expects to deliver full year revenue and profit that are "materially" ahead of market expectations.
The London-based investment bank expects full-year revenue of over GBP140 million, reflecting a continued strong performance in its Execution Services business.
It is the second time in three months Peel Hunt has raised guidance after upping its view in January.
In the financial year to March 2025, Peel Hunt reported revenue of GBP91.3 million.
Shares in Peel Hunt rose 3.9% to 107.50 pence each in London on Tuesday.
Less positively, Peel Hunt said the war in the Middle East is "weighing on market conditions and may affect the level and timing of transactional activity."
During this period of uncertainty and market volatility, Peel Hunt said it remains focused on "supporting clients, while maintaining disciplined cost management and capital allocation."
The firm intends to announce full-year results on June 15.
By Jeremy Cutler, Alliance News reporter
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