28th Sep 2015 17:21
For Immediate Release
28 September 2015
Daniel Stewart Securities plc
('Daniel Stewart' or 'the Company')
Update re: FY 2015 results
Daniel Stewart Securities plc (AIM: DAN), the investment bank providing corporate advisory, institutional stockbroking and wealth management services, announces that the Board now anticipates that for the year ended 31 March 2015 ("FY 2015") the Company will report an increased pre-tax and amortisation loss of approximately £1.36m (2014: £1.46m loss). This follows an upwards revision of bad debtor write offs by £500,000 which the board considers is prudent to make. Revenue is expected to be around £3.9m (2014: £4.2m).
The Company is still working towards announcing its FY 2015 Accounts by close of business on 30 September 2015.
Enquiries:
DANIEL STEWART SECURITIES PLC
Peter Shea, Chairman
Tel: 020 7776 6550
BEAUMONT CORNISH LIMITED
Roland Cornish/ James Biddle
Tel: 020 7628 3396
Related Shares:
Daniel Stewart Securities Plc