DAN Daniel Stewart

TIDMDAN

RNS Number : 4608A

Daniel Stewart Securities PLC

28 September 2015

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 GBP1.36m (2014: GBP1.46m loss). This follows an upwards revision of bad debtor write offs by GBP500,000 which the board considers is prudent to make. Revenue is expected to be around GBP3.9m (2014: GBP4.2m).

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCQVLFLEKFFBBD

(END) Dow Jones Newswires

September 28, 2015 12:21 ET (16:21 GMT)

Daniel Stewart Securities (LSE:DAN)
Historical Stock Chart
From Apr 2024 to May 2024

Daniel Stewart Securities (LSE:DAN)
Historical Stock Chart
From May 2023 to May 2024