Argentex Group PLC (AIM:AGFX) declared an interim dividend of 0.75p per share after enjoying record first-half sales and profit growth.
The provider of foreign exchange services to institutions, corporates and high net worth individuals, said client trading activity and demand for its services continued to increase in the six months ended 30 September 2021.
Revenue of £15.7mln for the period was up 33% year-on-year, as gross foreign exchange turnover jumped 67% to £8.3bn.
The AIM-listed group reported a 27% increase in underlying operating profit to £4.7mln, while statutory profit before tax was up 22% to £3.3mln.
Argentex has glowing reports from its new developments, with its new structured solutions sales up by a third, its bespoke online platform up 43% on last year, while the new office in Amsterdam has delivered half-on-half revenue growth.
Chief executive Harry Adams said: “We're delighted to be reporting a record set of H1 results with strong revenue and profit growth driven by a continued surge in client trading activity and increasing demand for our services.
“As confidence returns in the aftermath of the pandemic, we're delivering across all of our key performance metrics, enabled by our robust model and tireless approach to risk management.
“Our investment in high-quality people and evolving technology is integral to our market-leading service as evidenced by our growing client base in all trading environments.
“We remain confident in our future and long-term strategy to deliver on our ambitious growth plans, and we are well placed to capitalise on the significant opportunities that lie ahead."