Numis issues profit warning against 'unfavourable' UK backdrop

Numis also revealed plans to move away from its current Paternoster Square headquarters

Sam Shaw
27 September 2019

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Numis Corporation has issued a profit warning amid "unfavourable" market conditions that have led to lower levels of trading activity and capital market volumes for UK equities.

In a trading update for the year ending 30 September, Numis said it expected a "mid to high teens percentage decline" in reported revenues for the full year, a fall in profit given gearing levels, and...

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