Pre close Trading Update

RNS Number : 5861F

Arbuthnot Banking Group PLC

22 February 2018

 

ARBUTHNOT BANKING GROUP PLC

22 February 2018

Pre close Trading Update

Arbuthnot Banking Group PLC ("Arbuthnot" or "the Group") today issues a pre close trading update ahead of its final results announcement for the year ended 31 December 2017 which is scheduled for 28 March 2018.

The Group continued to trade well in the fourth quarter of 2017 and as a result anticipates reporting full year 2017 pre-tax profits in line with market expectations.

As previously announced, the Group  continues to explore opportunities to develop new businesses organically, thereby diversifying its sources of income, and the Group will update on progress of these initiatives in the final results. The launch of such new businesses in 2018 will be supported by certain upfront investment, such as the hiring of additional teams.

Enquiries:

Arbuthnot Banking Group

0207 012 2400

Sir Henry Angest, Chairman and Chief Executive

Andrew Salmon, Group Chief Operating Officer

James Cobb, Group Finance Director

Stifel Nicolaus Europe Ltd trading as KBW (Nomad and Joint Broker)

0207 710 7600

Robin Mann

Gareth Hunt

Stewart Wallace

Numis Securities Ltd (Joint Broker)

0207 260 1000

Chris Wilkinson

Maitland

Sam Cartwright

0207 379 5151

 

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