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The Markets
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Proactive UK has moved.
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The Markets
by Proactive
Proactive UK has moved.
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Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
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Go to Proactive UK

Financial Services

finnCap Group headed for record territory as revenues exceed guidance

"With further potential deals to close, the group is set to deliver record revenue for FY22,” said chief executive Sam Smith

finnCap Group PLC (AIM:FCAP) said its revenues are headed towards record territory having now exceeded the top end of previous guidance for the financial year to date.

The boutique investment bank had primed the City to expect its turnover to be in the order of £45mln-£50mln.

"With further potential deals to close, the group is set to deliver record revenue for full-year 2022,” said chief executive Sam Smith.

“We have seen the real benefits of diversifying our products and customer base with a particularly good performance in ECM [equity capital markets] in complex markets and another strong half year in M&A [mergers and acquisitions]."

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