Peel Hunt Limited (GB:PEEL) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Peel Hunt Limited has reported a robust performance for the half-year ending September 2024, with a notable 26% increase in revenue to £53.8 million and a return to profitability with a £1.2 million profit before tax. This growth was driven by strong results across all divisions, particularly in investment banking, which saw a 31% revenue increase, and in research and distribution, despite challenges in the UK equity market. The firm leveraged improved market conditions and its position as a leading UK-focused investment bank to enhance its market share and client base.
For further insights into GB:PEEL stock, check out TipRanks’ Stock Analysis page.