|
Arbuthnot Banking Group PLC - London-based merchant bank - Says pretax profit for 2025 will be at the upper end of market consensus expectations, which the company puts at between £22 million and £24 million. This still will be down at least 32% from £35.1 million in 2024, which in turn was down 26% from £47.1 million in 2023. Back in July, Arbuthnot reported a 48% fall in pretax profit for the first half of 2025 to £10.9 million from £20.8 million a year before, hurt by lower UK interest rates. However, Arbuthnot on Thursday says it ‘made good progress’ in the fourth quarter of the year. The company will release it full annual results on March 26. Current stock price: 889.50 pence, up 2.0% in London on Thursday afternoon 12-month change: down 1.4% Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
