Trading Update
Updated : 07:01
11 January 2019
Lighthouse Group plc
("Lighthouse" or the "Group")
Trading Update
Lighthouse Group plc (AIM: LGT), the national financial advisory group, is pleased to announce that for its financial year ended 31 December 2018, it expects to report Earnings Before Interest, Tax, Depreciation and Amortisation ("EBITDA") and Profit Before Taxation in line with Board expectations.
The Group expects to report its full audited results for the year ended 31 December 2018 in late February 2019.
Malcolm Streatfield, Chief Executive Officer of Lighthouse, commented: "The Board is delighted to report another period of growth for the business. Our advisers continue to deliver quality advice to our customers and the annualised revenue production per adviser and levels of recurring revenue continue to build. I look forward to updating the market further at the time of reporting the Group's result for 2018."
For further information, please contact:
Lighthouse Group plc | |
Malcolm Streatfield - Chief Executive Peter Smith - Group Finance Director | Tel: +44 (0) 20 7065 5640 |
finnCap Limited | |
(Nominated Adviser and Broker to the Company) | Tel: + 44 (0) 20 7220 0500 |
Corporate Julian Blunt /Emily Watts/Hannah Boros ECM Alice Lane |
Media enquiries:
IFC Advisory Limited | |
Graham Herring/Heather Armstrong/ Florence Chandler | Tel: +44 (0) 20 3934 6630 |
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 affinity group 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.
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/
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