Argentex confident of stronger second half after new customer wins
The first half saw the group add a significant number of new customers
Company
LON:AGFX
Argentex Group PLC is a foreign exchange specialist providing bespoke advisory and execution services to corporates, institutions, government agencies and not-for-profit organisations.
33 stories · page 2 of 2
The first half saw the group add a significant number of new customers
The group listed in June 2019 and it has certainly been an interesting year, characterised by volatility in foreign exchange markets and increased uptake of Argentex's services
The group said the new headquarters - located at 25 Argyll Street, London, and managed by W.RE. - will support the significant expansion of headcount across all areas
Archive
A look back at some of the more interesting stories from London's junior market this week
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The foreign exchange specialist expects to report a 30% increase in revenues to £29mln for the year just ended, with forex turnover exceeding £12bn
The foreign exchange services provider, which made its AIM debut in June raising £12mln, sees a “strong” outlook
Argentex has made a strong start, following its Aim listing in the middle of June
Argentex is a “high margin, high return, growth business”, according to Numis
Lena Wilson also sits on the boards of Royal Bank of Scotland, Intertek and Scottish Power Renewables
Archive
Despite a lot of fear about, and problems across the world, markets don't seem to care.
Since it was founded in 2012 Argentex has been profitable every year
Argentex has conditionally raised £14mln of new money at 106p a share while the existing owners are selling a further £32.5mln worth of shares