IN BRIEF: DSW Capital declares maiden dividend as revenue jumps

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DSW Capital PLC - Warrington, England-based business advisory services provider - Swings to a marginal pretax loss of £31,000 in the financial year that ended March 31 from a profit of £1.6 million the year before, as administrative expenses triple to £3.0 million from £728,000. Adjusted pretax profit jumps 25%, however, to £2.0 million from £1.6 million. Revenue rises 13% to £2.7 million from £2.4 million, as its service lines such as business recovery and debt advisory grow ‘significantly’. Declares a maiden final dividend of 4.22 pence. Says the new financial year has started well and in line with expectations.

Current stock price: 110.00 pence, down 5.6% on Thursday

12-month change: down 3.9%

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