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HL. - Hargreaves Lansdown News Story

1748.5p 24.5  1.4%

Last Trade - 07/05/21

Sector
Financials
Size
Large Cap
Market Cap £8.28bn
Enterprise Value £7.91bn
Revenue £592.5m
Position in Universe 134th / 1821

Hargreaves Lansdown says H1 profit set to beat expectations

Wed 17th March, 2021 7:18am
LONDON, March 17 (Reuters) - Britain's biggest retail
investment platform Hargreaves Lansdown  HRGV.L  said on
Wednesday that its profit for the first half of 2021 should be
"modestly" above analyst expectations due to high volumes of
stock trading.
    "The group has continued to see elevated of share dealing
since the end of January with an increased proportion of these
directed towards international equities, driven by interest in
U.S. stocks from existing clients," it said. 
    Hargreaves said in a statement that company-collected
analyst expectations for profit before tax the year ending June
2021 were 334 million pounds ($464.63 million)to 360 million
pounds.
($1 = 0.7189 pounds)

 (Reporting by Tom Wilson
Editing by Rachel Armstrong)
 ((T.Wilson@thomsonreuters.com; (44) 20 7513 5676; Reuters
Messaging: t.wilson.thomsonreuters.com@reuters.net))
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