TIDMAFM

RNS Number : 8286V

Alpha Fin Markets Consulting plc

11 April 2019

11 April 2019

Alpha Financial Markets Consulting plc

('Alpha FMC', 'Alpha', the 'Company' or 'Group')

Pre-close trading update

Alpha FMC (AIM: AFM), a leading global provider of specialist consultancy services to the Asset and Wealth Management industry, is pleased to provide its pre-close trading update before reporting its full year results for the year ending 31 March 2019.

Alpha FMC has performed well in the year with both revenue and Adjusted EBITDA expected to be ahead of the last financial year and in-line with current full year market expectations.

Euan Fraser, Global CEO of Alpha FMC, commented:

"We are pleased that Alpha has made further good progress in its second year as a public company. Alpha recently launched its twelfth practice, Exchange Traded Funds & Indexing, and opened its tenth office, located in Zurich, as we continue to grow our international reach. We believe both expansions offer exciting potential.

The underlying industry trends of cost reduction, increasing regulation and increasing assets under management remain firmly in place, driving ongoing change programmes globally. Alpha FMC offers a compelling, quality-driven range of consulting services and continues to be well placed to advise and best assist our clients' needs."

Alpha FMC expects to report its full year results to 31 March 2019 on 5 June 2019.

A results presentation from Alpha will take place at 9.30 a.m. on the day at Berenberg's offices, 60 Threadneedle Street. Those wishing to attend should email alpha@templebaradvisory.com. A copy of the presentation slides will be available on the company website for those unable to attend.

The full year results will be available at http://investors.alphafmc.com/reports-and-presentations on the day.

Enquiries:

 
 Alpha Financial Markets Consulting plc         +44 (0)20 7796 9300 
 Euan Fraser, Global Chief Executive Officer 
  John Paton, Chief Financial Officer 
 
 Temple Bar Advisory 
                                                +44 (0)7795 425 
 Alex Child-Villiers                             580 
                                                +44 (0)7827 960 
 William Barker                                  151 
                                                +44 (0)7769 655 
 Sam Livingstone                                 437 
 
 Grant Thornton UK LLP (Nominated Adviser)      +44 (0)20 7383 5100 
 Philip Secrett 
  Richard Tonthat 
  Harrison Clarke 
 
 Berenberg (Broker)                             +44 (0)20 3207 7800 
 Chris Bowman 
  Toby Flaux 
  Alix Mecklenburg-Solodkoff

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014.

About Alpha FMC:

Alpha FMC is a leading global provider of specialist consultancy services to the asset and wealth management industry. Alpha FMC has worked with 85% of the world's top 20 asset managers by AUM, along with a wide range of other buy-side firms. It has the largest dedicated team in the industry, with over 350 consultants and contractors globally, operating from ten offices spanning the UK, Europe, the US and Asia.

ENDS

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

TSTSFUFWSFUSESL

(END) Dow Jones Newswires

April 11, 2019 02:00 ET (06:00 GMT)

Alpha Financial Markets ... (LSE:AFM)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Alpha Financial Markets ... Charts.
Alpha Financial Markets ... (LSE:AFM)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Alpha Financial Markets ... Charts.