REG - Peel Hunt Limited - Year End Trading Update

Peel HuntAnnouncement

01/04/2025 07:15

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RNS Number : 0249D  Peel Hunt Limited  01 April 2025

1 April 2025

Peel Hunt Limited

("Peel Hunt" or the "Company")

Year End Trading Update

 

Peel Hunt, a leading UK investment bank, today announces a trading update for
the financial year ended 31 March 2025 ("FY25").

Group revenues for the full year are expected to be approximately £90m
(FY24: £85.8m), an increase of approximately 5% year-on-year. This followed a
challenging second half with a number of macro-economic events that weighed on
market volumes and corporate activity. During the year we took action to
reduce costs, and we expect to deliver a smaller loss before tax than market
expectations.

We also made good progress in delivering on our strategic priorities in
FY25. Notably, we continued to attract high quality mid-cap and growth
companies to the franchise and we now act for 52 FTSE 350 clients (including 5
FTSE 100 companies).

Against a backdrop of continuing slow market conditions, we have an
encouraging pipeline of investment banking transactions across both M&A
and IPOs. A number of announced M&A transactions are expected to complete
in the first quarter of our new financial year.

The Company intends to publish its FY25 preliminary results on 16 June 2025.

For further information, please contact:

Peel Hunt: via Sodali & Co

Steven Fine, CEO

Sunil Dhall, CFOO

Sodali & Co (Financial PR): +44 (0)20 7100 6451

Justin Griffiths

Gilly Lock

Russ Lynch

peelhunt@sodali.com

Grant Thornton UK LLP (Nominated Adviser): +44 (0)20 7728 2942

Philip Secrett

Colin Aaronson

Elliot Peters

Keefe, Bruyette & Woods (Corporate Broker): +44 (0) 20 7710 7600

Alistair McKay

Alberto Moreno Blasco

Fred Walsh

 

Notes to editors

About Peel Hunt

Peel Hunt is a leading UK investment bank that specialises in supporting
mid-cap and growth companies. It provides integrated investment banking advice
and services to UK corporates, including equity capital markets, private
capital markets, M&A, debt advisory, investor relations and corporate
broking. The Company's joined up approach combines these services with expert
research and distribution and an execution services hub that provides
liquidity to the UK capital markets, delivering value to global institutions
and trading counterparties alike. The Company is admitted to trading on AIM
(LON: PEEL) and has offices in London, New York and Copenhagen.

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