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Arden Partners
- BY: Andrew Hore |
- POSTED: 03/11/2011 |
- COMMENTS: Add yours
Aim adviser Arden Partners says that its full year profit will be much lower than expected.
Analysts had forecast a profit of £1.2m in the year to October 2011. Arden says that it was still “meaningfully profitable” in the period after share based payments and restructuring costs.
There is a strong pipeline of opportunities from UK and India.
At 34p a share, down 7p on the day, Arden is valued at £8.37m.
The full year results will be published on 21 December.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFOctober2011_25.pdf
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