Alpha Financial Markets Consulting 'growth driven by strong demand in group's target markets'

Alpha Financial Markets Consulting is analysed by Proactive Research Analyst Richard Jeans.

He highlights their strong first half performance, with net fee income (NFI) increasing by 43.9% to £68.4mln and adjusted underlying earnings (EBITDA) lifting by 52.5% to £15.4mln. Adjusted
earnings per share jumped by 40.9% to 9.85p and the interim dividend was boosted by 38.1% to 2.90p.

He say the growth was driven by strong demand drivers in the group's target markets along with the acquisition of Lionpoint, a US-based consultancy that specialises in the alternative investments space, which completed in May.
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