Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Jarvis Securities PLC - Royal Tunbridge Wells, Kent-based stockbroking and administration services provider - In 2022, pretax profit falls 20% to £6.1 million from £7.7 million the previous year. Revenue drops 12% to £12.6 million from £14.3 million. Earnings per share decreases to 11.12 pence from 13.91 pence in 2021. Declares a dividend of 11.5p per share, down 48% sharply from 22.0p the year prior. Jarvis Securities is the parent of Jarvis Investment Management Ltd, providing retail and outsourced financial services.
Chair Andrew Grant says: ‘I am confident that the business will emerge financially stronger and more resilient as a result of this year, and whilst we are currently experiencing a period of change the future of Jarvis is bright.’
Current stock price: 141.99 pence each, down 13% on Thursday midday in London
12-month change: down 45%
Copyright 2023 Alliance News Ltd. All Rights Reserved.