Numis Corporation - Investing to underpin future growth
The timing and size of transactions falling into the second half of FY18 has meant that Numis has achieved a record level of revenue but not reached our earlier estimate for FY18. The decision to undertake a significant investment in additional senior staff has also affected earnings, but is set to underpin the franchise and could help generate positive earnings surprises in future years. The deal pipeline is described as very strong so, subject to market conditions, we look for a rebound in earnings for FY19.Numis Corp. is a holding company. Co. is an independent institutional stockbroker and corporate advisor. Co. is a provider of access to capital for U.K. listed companies. Co. provides a range of research, execution, corporate broking and advisory services to companies of all sizes quoted in the U.K. and their investors. Co. serves a range of corporate clients across 16 sectors.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
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