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CAY - Charles Stanley News Story

314p -1.0  -0.3%

Last Trade - 15/01/21

Sector
Financials
Size
Small Cap
Market Cap £164.1m
Enterprise Value £81.4m
Revenue £169.6m
Position in Universe 872nd / 1800

BRIEF-Charles Stanley AUM down 20% in Q1, revenue up on higher fees

Thu 16th April, 2020 7:08am
April 16 (Reuters) - Charles Stanley Group PLC  CAY.L :
    * TOTAL FUNDS UNDER MANAGEMENT AND ADMINISTRATION ("FUMA")
AT 31
MARCH 2020 DECREASED BY 20.2% TO £20.2 BILLION OVER THREE MONTHS
FROM 31 DECEMBER 2019
    * GROUP REVENUES FOR QUARTER ROSE BY 12.6% TO £44.8 MILLION
FROM
£39.8 MILLION IN SAME PERIOD IN 2019
    * COMPARATIVES FOR FINANCIAL YEAR TO 31 MARCH 2021 ARE
EXPECTED TO
BE FAR LESS FAVOURABLE RELATIVE TO YEAR JUST ENDED
    * BOARD IS CONFIDENT ABOUT STRENGTH OF GROUP'S BALANCE SHEET
AND
LIQUIDITY POSITION

Source text for Eikon:  ID:nRSP7988Ja 
Further company coverage:  CAY.L 

 (Reporting By Rachel Armstrong)
 ((Rachel.Armstrong@thomsonreuters.com;))
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