Lighthouse Group (LGT)

0
215
Lighthouse Group LGT Logo

The national financial adviser of choice for Middle Britain.

20-Feb-2018 – 24p – £31.4m – PER 16.0

Final Results For The 12 Months To End December 2017 – Revenues up 13% to £54m (2016: £48m), PBT up 32% to £2.5m (2016: £1.9m) and the combined annual Dividend will be 55% higher than 2016.

Quite liking this, it’s going on my Watchlist, 22p, for now.

20-Jul-2018 – 37.5p – £47.9m – PER 22.0

Trading Update For The 6 Months To End June 2018 – In-line.

2017 growth was excellent but looks like Revenue in 2018 and 2019 will see just a small rise with EPS growth of 10% each year. On a PER of 22.0 this seems at best fairly priced here – I will take this off my Watchlist for now and go Neutral.

Advertisement
Research Tree Banner