Revenues at Vantis showed double-digit growth for the six months ended
October 2006, but the AIM-listed accounting warned that the marketplace is
becoming ‘increasingly challenging’
Turnover from continuing operations climbed 11% to £46.9m and operating
profit climbed 10% to £7.7m. The group also announced a proposed dividend of
1.5p per share.
Chairman Paul Gourmand, however, said that the market was ‘generally tougher
than when I last reported our full year results last July’.
Gourmand said the group was ‘well positioned to withstand a more challenging
economic environment’ and predicted a rise of fees in business recovery.
Shares in Vantis were unchanged at 144p following the announcement.
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
Colin responds to the call for 'Darwinism' in accountancy
A new partner, Dermot Callinan, has joined Saffery Champness from KPMG where he was recently the head of the UK private client advisory team