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Charles Stanley
- BY: Andrew Hore |
- POSTED: 30/09/2008 |
Aim adviser Charles Stanley says that its interim revenues will be 7% lower.
The private client stockbroking business has only suffered a small decline in revenues in the six months to September 2008. The corporate side has suffered a 40% decline in revenues.
This means that interim profits will be lower than last year although they will be similar to the second half of 2007-08.
Shares in the fully listed company rose 1p to 170p, valuing Charles Stanley at £75m.
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