Lighthouse Group PLC Trading Update (6787B)
12 January 2018 - 6:00PM
UK Regulatory
TIDMLGT
RNS Number : 6787B
Lighthouse Group PLC
12 January 2018
12 January 2018
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014
Lighthouse Group plc
("Lighthouse" or the "Group")
Trading update
Lighthouse Group plc (AIM: LGT), the national financial adviser
of choice for Middle Britain, is pleased to announce that for its
financial year ended 31 December 2017 it expects to report revenue,
EBITDA and profit before taxation ahead of market expectations.
This performance was driven by both an increase in business derived
from the Group's affinity connections and from higher levels of
average annualised revenue production per adviser across all of the
Group's divisions.
The Group will report its full audited results for the year
ended 31 December 2017 on 20 February 2018.
Malcolm Streatfield, Chief Executive Officer of Lighthouse
commented: "The anticipated results for 2017 reflect the continuing
and increasing importance of the valuable relationships the Group
has developed with its affinity partners, with 15,000 new client
engagements undertaken during the year, as well as the on-going
professionalism and effectiveness of the advisers across the
Group's operations. I look forward to reporting in full on the
Group's results for 2017 in due course."
For further information, please contact:
Lighthouse Group plc
Richard Last, Chairman Tel: +44 (0) 20 7065
Malcolm Streatfield, 5640
Chief Executive
Peter Smith, Finance
Director
investorenquiries@lighthousefs.uk
www.lighthousegroup.plc.uk
finnCap Limited Tel: +44 (0) 20 7220
0500
(Nominated Adviser to
the Company)
Adrian Hargrave
Emily Watts
Hannah Boros
Media enquiries:
IFC Advisory Limited
Graham Herring Tel: +44 (0) 203 934
Tim Metcalfe 6630
Heather Armstrong
heather.armstrong@investor-focus.co.uk www.investor-focus.co.uk
About Lighthouse Group plc
Lighthouse has been listed on AIM since 2000 as an integrated
financial services company for investors, coupled with significant
scale in terms of distribution through financial advisers and
wealth managers and its fully diversified business model.
As one of the UK's largest autonomous financial advice and
wealth management groups, Lighthouse provides a comprehensive range
of services to businesses and individuals and is retained by most
of the major trades unions and other affinity groups to advise
their combined memberships of over 6 million members.
The Group aims to increase its relationships with, and the
benefits it derives from, its relationships with affinity groups
and professional partners.
In addition to a wide range of financial advice, the Group has
developed innovative products to meet the specific needs of its
retail and corporate customers in the asset management and
auto-enrolment sectors.
Lighthouse operates from its headquarters in London as well as
having principal operating offices in Stockport and Woodingdean,
near Brighton.
For more information please visit:
http://www.lighthousegroup.plc.uk/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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