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Shore Capital Group SGR 2012 Full Year Guidance



  Shore Capital Group (SGR) - 2012 Full Year Guidance

RNS Number : 2703S
Shore Capital Group Limited
29 November 2012
 



 

Shore Capital Group Limited 2012 Full Year Guidance

 

29 November 2012

 

Shore Capital Group Limited (the "Company"), the independent investment  group 
specialising in  principal  finance,  equity  capital  market  activities  and 
alternative asset  management, announces  that since  the publication  of  its 
interims on 24 September 2012 the Company  has continued to trade well and  it 
is anticipated that  revenue and earnings  per share for  the Company for  the 
full year will be in line with market expectations.

 

Whilst revenue from the operating businesses is anticipated to be in line with
market expectations, profit from the operating businesses is anticipated to be
behind market  expectations  reflecting an  expected  reduction in  margin  of 
approximately 3 percentage points as a result of a change in the business mix.
 However, profit  from principal  investments is  anticipated to  be ahead  of 
market expectations  which would  result  in the  overall performance  of  the 
Company being in line with market expectations.

 

 

For more information:

 

Shore Capital Group Limited                     

Howard Shore                                   +44 (0) 20 7468 7911

Lynn Bruce                                     +44 (0) 1481 728 902

 
Buchanan                                       +44 (0) 20 7466 5000

Richard Oldworth / Jeremy Garcia / Helen Chan
Deloitte Corporate Finance (Nominated Adviser)  +44 (0) 20 7936 3000
James Lewis / Darren Boocock
                                                
 
RBC Capital Markets (Broker)                   +44 (0) 20 7653 4000
Josh Critchley / Oliver Hearsey            
                                                
 

                                   

 

 

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
MSCBKFDDBBDBQDB -0- Nov/29/2012 07:01 GMT
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