Accounts

Walker Crips gross profit rises by 19.5 per cent

Walker Crips Group has reported GBP2.5 million pre-tax profits inclusive of one-off investment disposal gain, for the year ended 31 March 2014.

An ongoing implementation of a strategic plan has returned the group to an underlying profit of GBP0.5 million (2013: loss GBP1.0 million) excluding one-off investment disposal gains.
 
Gross profit (net revenues) increased by 19.5 per cent to GBP14.1 million (2013: GBP11.8 million) demonstrating the substantial transformation of the investment management business. Revenue increased to GBP20.7 million (2013: GBP20.4 million).
 
The group’s final proposed dividend is up 17.8 per cent to 1.06p per share (2013: 0.9p per share)
 
David Gelber, chairman, Walker Crips, says: “The group has entered its next phase successfully. As we celebrate our Centenary year, the business strategy has delivered a strong foundation from which to continue expansion. Our objective is to deliver increasing share value and dividend growth to shareholders by providing our clients with performance and excellent service, through a collegiate group of dedicated individuals. ‘Making investment rewarding’ for those three constituencies has proved itself this year with the transformation of the business and its return to underlying profitability.”

Further reading



Upcoming events

1 day 17 hours from now - Amsterdam
2 days 17 hours from now - London
1 week 2 days from now - London
1 week 2 days from now - London
1 week 2 days from now - Cartegena

Upcoming training