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Numis Says FY Revenue Rose Above GBP100m for First Time - Bloomberg

3 Oct 2016

Numis says revenue from core activities rose 14% in FY ended Sept. 30, rose above GBP100m for 1st time.
Says current deal pipeline is encouraging
Says though U.K. activity in 2H was hit by Brexit vote, still completed further 19 equity raises, including 3 IPOs
Total number of equity deals in which Numis acted reached 46, with funds raised just below GBP1.9b
Says corporate activity with client base continued, saw completion of 26 pure advisory mandates
As a result, combined revenue from equity issuance and advisory activities rose 15%
Number of corporate clients grew by 15 bringing total to 198
Says combined institutional commission and trading revenue rose 13%
FY results to be announced on Dec. 7