Tatton Asset Management says 2021 results will beat all forecasts
Tue, 20th Apr 2021 11:39
(Alliance News) - Tatton Asset Management PLC on Tuesday said it expects its 2021 financial year results to beat all analyst forecasts after inflows accelerated and its investments performed strongly.
The Cheshire-based investment company said total inflows in the year ended March 31 were GBP755 million, with net inflows of GBP427 million in the second half, 30% higher than in the first half.
Shares were up 9.8% to 415.00 pence in London.
With the addition of a GBP1.5 billion gain from the performance of its investments, assets under management increased to GBP9.0 billion from GBP6.7 billion the year before.
Tatton shares rocket as it tops most bullish analyst forecast citywire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywire.co.uk Daily Mail and Mail on Sunday newspapers.
DX Group drives ahead after adding 300 new vehicles to its delivery fleet
A look at the major movers on the London market on Tuesday
DX Group PLC (LON:DX.) has moved higher after delivering expansion news.
The parcels and courier group is up 4.13% or 1.25p to 31.55p after announcing the addition of 300 new vehicles to take its fleet to more than 900 strong.
Chief executive Lloyd Dunn said: [This is] a significant expansion of our fleet, and part of our wider investment programme in the business. The new vehicles support our ambitious growth plans, increasing our capacity and operational efficiency in support of our ambitious growth plans.
gov ie - Minister Simon Coveney, T D , Minister for Defence and Minister for Foreign Affairs announces a public consultation for the future management and preservation of the Curragh Plains (March 2021) gov.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.ie Daily Mail and Mail on Sunday newspapers.
Minister Simon Coveney, T D , Minister for Defence and Minister for Foreign Affairs announces a public consultation for the future management and preservation of the Curragh Plains (March 2021) merrionstreet.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from merrionstreet.ie Daily Mail and Mail on Sunday newspapers.