Peel Hunt Limited (GB:PEEL) has released an update.
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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.
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