Shore Capital announces its financial results for the year ended 31 December 2024
Shore Capital, the independent investment group specialising in asset management, capital markets and principal finance, presents its results for the year ended 31 December 2024.
Commenting on the results, Howard Shore, Chairman, said:
The Group recorded revenues of £72.2m and pre-tax profits of £10.6m for the year to 31 December 2024, delivering basic earnings per share of 23.6p. This represents an increase in pre-tax profits and earnings per share of 42% and 31% respectively. Our diversified business model continues to serve us well.
Our Asset Management business has delivered a strong performance, attracting excellent inflows across its suite of retail investment products, growing market share and expanding operations with the opening of a third UK office, in Edinburgh.
Our Capital Markets business continued to operate profitably in ongoing challenging market conditions. The business has supported its clients on sale, take-private and secondary fundraising activities in the period, as well as winning new retained clients and investing across its team to position ourselves well as market sentiment starts to improve.
Click here to read the full results for the year ended 31 December 2024
Enquiries:
Shore Capital +44 (0) 20 7468 4050
Simon Fine, Co-Chief Executive
David Kaye, Co-Chief Executive
Andrew Whittaker, Non-Executive Director +44 (0) 14 8172 4222
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