The financial planning led wealth management firm AFH Financial Group has released its pre-close trading update prior to its interim results announcement for the six months ended 30 April 2016.
It said: “Trading in the first 6 months of the year continued strongly across the business, with like for like performance significantly ahead of the comparable period last year, and in line with the Board’s expectations. The performance has been driven by both organic growth as well as the positive contribution from the Group’s acquisitions. The Group has a strong pipeline of potential acquisition targets that it is actively evaluating and, following the successful placing in December 2015, has a strong balance sheet with which to fund any potential acquisitions that meet the Group’s acquisition criteria.”
Interim results for the six months ended 30 April 2016 are due out on 29 June 2016.