Business
Final Results, Annual Report and Notice of AGM
Final Results, Annual Report and Notice of AGM.
About this update from Jarvis Securities Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 6623C Jarvis Securities plc 10 March 2011 \n \n\n10 March 2011\n \nJarvis Securities plc\n(\"Jarvis\" or \"the Company\" or \"the Group\")\n \nRESULTS FOR THE YEAR ENDED 31 DECEMBER 2010\n \nHIGHLIGHTS\n \n· Average daily trade volume up 65% on prior year\n· Client cash balances up 39% on prior year\n· Client numbers have increased by 29% on prior year\n· 21% increase in fee and commission income year on year\n· 8% increase in interest income year on year\n· 16% increase in revenue to £5.41m (2009: £4.65m)\n· Profit before tax £1.62m (2009: £1.69m); pre-exceptional PBT** £2.03m\n· Total dividends for year 9p (2009: 20p*)\n· Earnings per share 10.73p (adjusted EPS** 13.77p) (2009: 11.46p (adjusted EPS** 10.20p))\n \n* includes 13p interim dividends paid as prior distributions but declared as 2009 dividends\n** before exceptional items and amortisation of goodwill\n \n \nEnquiries: \n \nJarvis Securities plc Tel: 01892 510515 \nAndrew Grant \nJolyon Head \n \n \nArbuthnot Securities Tel: 020 7012 2000 \nAndrew Kitchingman\nRichard Johnson\n \nNotes: \nJarvis Securities plc is the holding company for Jarvis Investment Management Limited (AIM: JIM.L) a stock broking company and outsourced service provider for bespoke tailored financial administration. Jarvis was established in 1984 and is a member of the London Stock Exchange; a broker dealer member of PLUS Markets, authorised and regulated by the Financial Services Authority and an HM Revenue & Customs approved ISA manager. Jarvis has more than 53,000 retail clients and a growing number of institutional clients. As well as normal retail broking Jarvis provides cost effective and flexible share trading facilities within ISA and SIPP wrappers. \n \nJarvis provides outsourced and partnered financial administration services to a number of third party organisations. These organisations include advisers, stockbrokers, banks and fund managers. Jarvis can tailor its administration processes to...