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Alpha Financial Markets Consulting lifted by strong consultant demand

Published: 13:30 01 Mar 2018 GMT

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Alpha floated in October 2017, when it raised £125.4mln

Alpha Financial Markets Consulting PLC’s (LON:AFM) annual profits will be ahead of market expectations.

The AIM-listed wealth and asset management consultancy said utilisation of its consultants had remained high.

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In the first half, underlying earnings rose by 71% to £5.8mln.

Euan Fraser, chief executive, said: “We are continuing to hire the very best consulting talent in the market.”

“I am delighted that we expect to deliver our first full year results as a plc ahead of current market expectations.”

Alpha floated in October 2017, when it raised £125.4mln.

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