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Lighthouse Group (LGT) - On track for full year expectations

10:44 EDT 10 Sep 2018 | Edison Investment Research

Edison Investment Research - Financials - Lighthouse Group: First half results from Lighthouse indicate that it is on track to meet market expectations for the full year, while the strength of its business providing financial advice to members of affinity partners was underlined by its success in renewing all eight of the contracts that have come up for renewal this year. This now accounts for 19% of group revenue and there is good scope to increase penetration in this area. Part of the c £5m of cash the group has available for investment is likely to be allocated here.
ISIN: GB0009779116

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