finnCap Group plc (GB:CAV) has released an update.
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Cavendish Financial plc has reported robust post-merger performance with a second-half revenue increase of 80%, totaling £35m, and has announced the resumption of dividend payments due to a strong financial position and £21m cash balance. Despite a challenging market, the company has secured transactions worth approximately £2.5 billion since the merger, with a positive outlook for the upcoming year driven by a diversified offering and potential market improvements. Cavendish has also focused on strategic hires to enhance their service offerings and is poised to capitalize on market opportunities.
For further insights into GB:CAV stock, check out TipRanks’ Stock Analysis page.
