Information  X 
Enter a valid email address

STM Group PC Ord 0.1P (STM)

Related News

11-May-2021 08:43 AM

STM nudges dividend lower as profit falls

Cross-border financial services group STM booked a lower annual profit, partly owing to it recording a one-off bargain purchase gain in the previous year. Pre-tax profit for the year through December decreased to £2.0 million, down from £3.9
03-Feb-2021 07:53 AM

STM says CFO Therese Neish standing down; reiterates guidance

Cross-border financial services group STM reiterated that it expected to report a fall in annual profit, and announced its chief financial officer Therese Neish was leaving. Pre-tax profit for the year through December was expected to fall to £2.0
30-Nov-2020 09:12 AM

STM forecasts 2021 revenue growth of around 7%

Cross-border financial services provider STM said it expected to achieve revenue growth of around 7% in 2021 after it reduced its expectations for new business wins. For 2020, meanwhile, the company said it expected to deliver results in line with market
14-Oct-2020 09:38 AM

STM takes more conservative view on new business wins

Cross-border financial services provider STM warned that it was taking a more conservative view on new business numbers for the remainder of the year. The Covid-19 crisis had caused delays in securing new business, as many individuals and companies defer
08-Sep-2020 02:31 PM

STM profit falls on higher insurance costs

Cross-border financial services group STM reported a fall in first-half profit following a rise in insurance costs. Pre-tax profit for the six months through June declined to £1.0m, down from £3.4m on-year, as revenue edged back to £11.
17-Jun-2020 07:51 AM

STM says conversion timelines have slowed; trading as expected

Cross-border financial services group STM said conversion timelines remained slower amid the Covid-19 crisis. The company, however, said trading in the first four months of the year had been in line with its revised expectations. 'New business pipe
28-Apr-2020 07:45 AM

STM profit falls modestly in 'year of transition'

Cross-border financial services specialist STM reported a fall in annual profit after rising revenue was offset by expenses. Pre-tax profit for the year through December declined to £3.9m, down from £4.0m on-year. Revenue rose 8.4% to £
28-Feb-2020 07:26 AM

STM affirms guidance for £3.8m annual profit

Cross-border financial services provider STM reaffirmed performance guidance delivered during a November trading update. In a short statement, the company said it still expected to post revenue for the year through December of about £23.0m, pre-tax
10-Sep-2019 08:03 AM

STM profits rise; ups dividend

Cross-border financial services group STM booked a higher first-half profit and upped its dividend Pre-tax profit for the six months through June rose to £3.1m, up from £1.9m on-year. Revenue rose to £11.9m, up from £10.8m. The
20-Jun-2019 07:10 AM

STM reveals Carey acquisition to be 'bargain purchase'

STM Group, the cross border financial services provider, updated the market on its Carey acquisition and operational progress. Following the acquisition of the Carey Group in February 2019, the board and its professional advisors have determined that thi
26-Mar-2019 07:57 AM

STM adjusted profits rise as margins improve

Cross-border financial services provider STM Group posted a flat annual profit, though improved operating margins helped it post an improved underlying result. Pre-tax profit for the year through December was unchanged at £4.0m, though underling pr
30-Jan-2019 07:43 AM

STM forecasts slight fall in annual profit; hires chief operating officer

Cross border financial services provider STM Group said it expected to book a small fall in annual profit owing to a technical reserves release from its insurance unit. Revenue for the year through December was expected to fall to £21.3m, down from
30-Nov-2018 07:38 AM

STM Group warns of one-off costs, delays in insurance unit

Cross border financial services provider STM Group warned its full-year profit would be hurt 'uncollectable policy fees' and weaker than expected new business wins in an insurance division. On the positive side, the company said those setbacks
11-Sep-2018 07:36 AM

STM profit up 11% as efficiency drive improves margins

Financial services provider STM Group posted an 11% rise in first-half profit as it grew organic revenue and an efficiency drive boosted margins. Pre-tax profit for the six months through June rose to £2.1m, as revenue rose 6% to £10.8m. The
25-Jul-2018 09:28 AM

STM expects full Harbour integration by end August; says 1H trading in line

Cross-border financial services provider STM Group said its performance in the first half of the 2018 had progressed in line with its expectations. The company said it had received a steady flow of new business applications, particularly with regards to
27-Mar-2018 10:10 AM

Broker Forecast - finnCap issues a broker note on STM Group PLC

finnCap today reaffirms its corporate investment rating on STM Group PLC (LON:STM) and raised its price target to 80p (from 60p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Mar-2018 07:31 AM

STM Group profit up as pension product launch boosts revenue

Expatriate-focused financial services outfit STM Group said its annual profit grew by 43% after the introduction of a new self-invested personal pension product helped boost revenue. Pre-tax profit rose to £4.0m, up from £2.8m in 2016, as rev
24-Jan-2018 10:20 AM

Broker Forecast - finnCap issues a broker note on STM Group PLC

finnCap today reaffirms its corporate investment rating on STM Group PLC (LON:STM) and set its price target at 65p. Story provided by StockMarketWire.com...
24-Jan-2018 08:12 AM

STM Group says profits will rise as expected

Cross border financial services provider STM Group said it had traded in line with market expectations in 2017. Pre-tax profit would be no less than £3.8m, marking a rise from £2.8m in 2016, the company said. At 8:12am: (LON:STM) STM Group
14-Nov-2017 01:56 PM

STM updates on Gibraltar regulated subsidiaries

STM Group has confirmed that, after taking legal advice regarding the appointment of inspectors in respect of certain Gibraltar regulated subsidiaries by the Gibraltar Financial Services Commission ("GFSC"), the Company has been advised that the
12-Sep-2017 11:10 AM

Broker Forecast - finnCap issues a broker note on STM Group PLC

finnCap today reaffirms its corporate investment rating on STM Group PLC (LON:STM) and raised its price target to 70p (from 60p). Story provided by StockMarketWire.com...
11-Jul-2017 08:20 AM

Broker Forecast - finnCap issues a broker note on STM Group PLC

finnCap today reaffirms its corporate investment rating on STM Group PLC (LON:STM) and raised its price target to 60p (from 48p). Story provided by StockMarketWire.com...
11-Jul-2017 07:46 AM

STM Group says performing ahead of expectations

STM Group said, looking ahead to H2, directors are confident the group is performing ahead of existing expectations with management now expecting revenue of £19.8m and pretax profit of £3.2m. "The UK 2017 Spring Budget presented challeng
24-May-2017 01:32 PM

STM resolutions passed at AGM

STM Group has announced that all resolutions put to the Annual General Meeting held today were duly passed. At 1:32pm: (LON:STM) STM Group PLC share price was +1p at 37p Story provided by StockMarketWire.com...
24-May-2017 07:54 AM

STM confident in meeting revised expectations

STM said it would give an update on trading ahead of its annual general meeting today; in particular relating to its business activities subsequent to the 8 March 2017 UK budget announcement and the implications for its new business pipeline for its QROPs

a d v e r t i s e m e n t