Argentex co-CEO says it's been business as usual through the crisis

Harry Adams, co-chief executive of Argentex PLC (LON:AGFX), says it is business as usual at the corporate-focused currency broker despite the coronavirus disruption.

“We’ve not seen any slowdown at all since the crisis started,“ he told Proactive.

He added that 95% of its trading is in the US dollar, sterling and the euro, all of which are seen as havens at times of market uncertainty.

Volatility is also good for the business, he adds.

Revenue in the year to March rose 30% to £29mln and Adams does not expect to see any dramatic drop-off in the current twelve months.

Quick facts: Argentex

Price: 144.25 GBX

Market: AIM
Market Cap: £163.3 m

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