Update: Delivering on acquisitions and organic growth
AFH’s FY15 EPS was up 80% on FY14, driven by a 40% increase in turnover. Management highlights that organic revenue growth was c 20%. The group continues its conservatively executed acquisition strategy and we expect the £6.2m of recent net equity placement proceeds to be deployed in deals relatively quickly. Management confidence is highlighted by the 50% increase in dividend.AFH Financial Group is an independent financial adviser and investment manager. Co.'s segments include Financial Advice and Investment Management and Protection.
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