Alpha Fin Markets Consulting plc Pre-close trading update (8286V)
April 11 2019 - 2:00AM
UK Regulatory
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
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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