Report

Numis Corporation - Strong H1 and franchise remains robust

Numis has made good progress in the first half of 2018 with particularly strong revenues in corporate broking and advisory and a resilient result from the equities activity. Investment in people and platforms to support future growth and our expectation of lower portfolio gains restrains our earnings estimates for the moment but healthy deal pipelines, continued growth in the corporate client base and the strong balance sheet are positive indicators for the future, subject to market fluctuations.
Underlying
Numis Corp. PLC

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.

Provider
Edison Investment Research
Edison Investment Research

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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Analysts
Andrew Mitchell

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