IN BRIEF: River & Mercantile widens half-year loss, ups revenue

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River & Mercantile Group PLC - London-based advisory and asset management company - More than doubles its loss in the first half of its 2022 financial year. It posts a loss of £13.4 million for the half-year ending on December 31, widening from £6.0 million a year ago. Revenue grows 4.2% to £13.5 million from £12.9 million. As previously reported, subject to shareholders' approval and change of control permission being granted by the Financial Conduct Authority, River & Mercantile will soon be part of AssetCo PLC, Chair Jonathan Dawson says.

Current stock price: 265.00 pence, down 0.4% on Friday

12-month change: up 29%

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