Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Investment platform provider Nucleus Financial posted a 25% rise in annual profit but decided not to pay a final dividend due to uncertainty caused by Covid-19.
Pre-tax profit for the year through December increased to £6.0m, up from £4.8m on-year.
Revenue rose 4.8% to £45.2m, though adjusted profit fell 5.0% to £7.3m as operating margin fell to 17.5% from 19.2%.
'The board will continue to assess the situation and the appropriateness of paying a second interim dividend relating to the financial year ended 31 December 2019,m' Nucleus said.
At 9:12am: (LON:NUC) Nucleus Financial Group Plc Ord 0.1p share price was +1p at 125p