CNKS Cenkos Securities

EQS-News: Cenkos Securities sees combination of factors behind M&A slowdown

EQS-News: Cenkos Securities PLC
Cenkos Securities sees combination of factors behind M&A slowdown

07.12.2022 / 14:33 CET/CEST
The issuer is solely responsible for the content of this announcement.


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Proactive

Proactive UK Ltd

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News Source: News Direct


07.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: Cenkos Securities PLC
United States
ISIN: GB00B1FLHR07
EQS News ID: 1507539

 
End of News EQS News Service

1507539  07.12.2022 CET/CEST

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07/12/2022

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Reports on Cenkos Securities

Pedro Fonseca
  • Pedro Fonseca

Cenkos Securities - Gained market share in tough conditions

The much-reduced level of capital markets activity in 2022 meant sharply lower profitability for Cenkos, although control over fixed costs and reduced variable compensation provided some mitigation. The group continued to focus on client service, gained share in AIM fund-raising (to 15%), has made net additions to its client base and, supported by a strong balance sheet, has made selective staff hires to strengthen its capabilities.

 PRESS RELEASE

EQS-News: Cenkos Securities sees combination of factors behind M&A slo...

EQS-News: Cenkos Securities PLC Cenkos Securities sees combination of factors behind M&A slowdown 07.12.2022 / 14:33 CET/CEST The issuer is solely responsible for the content of this announcement. Contact DetailsProactiveProactive UK Ltd 3News Source: News Direct 07.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at -news.co...

 PRESS RELEASE

Cenkos Securities (CNKS): Flexible model well suited to market conditi...

Edison Investment Research Limited Cenkos Securities (CNKS): Flexible model well suited to market conditions 16-Sep-2022 / 07:00 GMT/BST   London, UK, 16 September 2022   Cenkos Securities (CNKS): Flexible model well suited to market conditions Capital market activity slowed sharply in H122, affecting Cenkos’s results, but the group’s control over fixed costs and variable compensation lessened the impact on underlying profit. While trading conditions remain difficult, Cenkos has increased its client base, invested in staff and retains a strong balance sheet so it should be well ...

Pedro Fonseca
  • Pedro Fonseca

Cenkos Securities - Flexible model well suited to market conditions

Capital market activity slowed sharply in H122, affecting Cenkos’s results, but the group’s control over fixed costs and variable compensation lessened the impact on underlying profit. While trading conditions remain difficult, Cenkos has increased its client base, invested in staff and retains a strong balance sheet so it should be well positioned to benefit once market activity recovers.

Pedro Fonseca
  • Pedro Fonseca

Cenkos Securities - Uncertain background but resilient model

After a very strong H121, Cenkos recorded slightly higher revenues in H221 and made a strong start to FY22 with transactions including two IPOs and an introduction. The succession in management completed last year has been accompanied by a greater focus on collaboration within the business and the longer-term development of the franchise. Underpinning this is a willingness to invest selectively to ensure high levels of client service. This should be positive for the group even if the near-term m...

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