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Tavistock Investments 'demonstrating rapid growth' as it announces maiden dividend

Tavistock Investments PLC (LON:TAVI) CEO Brian Raven tells Proactive London's Andrew Scott the year to March 2019 was a very successful period for them in terms of continued growth.

''EBITDA's doubled which is part of the story we've been explaining for the past several years - as funds under management increase so too does the profitability of the business''.

The investment manager reported earnings of £1.48mln as well as unveiled plans to pay out a maiden interim dividend.

''We built a business that was designed for rapid growth and are pleased to report we're now demonstrating that''

Quick facts: Tavistock Investments PLC

Price: 2.1 GBX

AIM:TAVI
Market: AIM
Market Cap: £12.76 m
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Tavistock Investments CEO very optimistic on year ahead as first quarter...

Tavistock Investments PLC's (LON:TAVI) Brian Raven tells Proactive the fund management group increased assets under management for the sixth year running in the period to end-March 2020. Funds under management had risen by 6% to £1bn in the period while underlying profits jumped 24% over the...

on 24/7/20

2 min read