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STM Group Makes Good Start To 2015, Says Expansion Plans On Track

13th May 2015 07:51

LONDON (Alliance News) - Financial services company STM Group PLC on Wednesday said it has made a good start to 2015 and said trading so far this year is in line with its expectations.

In a statement due to be given at the company's annual general meeting, STM Chairman Michael Riddell also said the company has made progress on its investment plan, in particular in its distribution network, for which it has signed on more intermediaries in 2015 to date than it did in all of 2014.

The group is also in the final stages of setting up a new Middle East sales office and is recruiting for another office in Asia.

Shares in STM were untraded Wednesday at 41.60 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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