Jarvis Securities performance ahead of market expectations as profit jumps in H1

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Investment management company Jarvis Securities said was trading was ahead of current market expectations after reporting a rise in profit on higher margins and revenue.

For the six months ended 30 June 2020, pre-tax profit rose 50.3% to £1.20m on-year, and revenue increased 30.8% to £1.61m.

The performance was driven by a 'significant increase in trade volumes,' the company said.

At 9:44am: (LON:JIM) Jarvis Securities PLC share price was +57.5p at 645p