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Oberon Investments Group PLC - London-based investment manager - Expects revenue for the year to March 31 to be at least £6.4 million. This reflects year-on-year growth of 68% from £3.8 million. Funds under management grew 31% to £1 billion at the end of February from £765 million as at September 30. Notes that this growth has been purely organic, reflecting its ‘enhanced’ product offerings and customer service levels.
Says its outlook for the coming year is positive and it anticipates ‘significant’ growth across all divisions.
Expects to be launching a number of new products and services, including its first enterprise investment scheme fund and an inheritance tax service over the next several months.
Current stock price: 5.77 pence
12-month change: up 78%
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