Tullett Prebon Bucks Downtrend with Higher 2015 Revenue

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Tullett Prebon Bucks Downtrend with Higher 2015 Revenue

Postby kreslik.news » Tue Apr 05, 2016 5:26 pm


Preliminary results for Tullett Prebon’s year-ending December 31, 2015, highlighted revenue up 13% and across every region, and operating profit higher by 7%, yet operating margins decreased when excluding exceptional items and acquisition costs – as the company invested in expanding its business, and which resulted in basic earnings per share being little-changed to the downside by 1 tenth of a cent to 32.2 pence year-over-year.

Financial highlights for 2015 on a preliminary basis, and excluding exceptional items and acquisition costs, included revenue of £796.0m and was up from £703.5m reported in the previous year, thus helping to buck ... (read more)

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