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An announcement from River Global PLC Class A ( (GB:RVRG) ) is now available.
River Global PLC announced a reduction in its EBITDA loss to £0.2m for the first half of 2025, signaling progress towards profitability despite challenging market conditions. The company is advancing its consolidation efforts in asset management, with a new joint venture with an overseas wealth manager expected to launch soon, potentially increasing assets under management significantly. The reorganization of its share structure has been well-received, and the company continues to adapt to geopolitical and economic challenges while maintaining a focus on efficiency and growth.
More about River Global PLC Class A
River Global PLC, formerly known as AssetCo plc, operates in the financial services industry with a focus on asset management. The company offers a range of UK and global investment strategies and is involved in joint ventures to expand its asset management capabilities.
Average Trading Volume: 255,604
Current Market Cap: £52M
For an in-depth examination of RVRG stock, go to TipRanks’ Overview page.