Argo Group Ltd. (ARGO)

Sector:

Financials

Index:

FTSE AIM All-Share

 24.20p
   
  • Change Today:
      0.000p
  • 52 Week High: 25.40
  • 52 Week Low: 15.25
  • Currency: UK Pounds
  • Shares Issued: 38.96m
  • Volume: 10,000
  • Market Cap: £9.43m

Argo Group swings to profit in first half

By Josh White

Date: Thursday 08 Sep 2016

LONDON (ShareCast) - (ShareCast News) - Argo Group announced its interim results for the six months to 30 June on Thursday, with revenues of $4m, up from $3.1m a year ago.
The AIM-traded group reported operating profit $3.8, up significantly from $0.2m, with profit before tax growing to $4.9m, compared with a $4.2m loss at the same time last year.

Net assets stood at $24.2m at period end, up from $22.4m at the start of the period.

"The performance of the first six months of 2016 is mainly attributable to the monetisation of certain distressed positions, with a sizeable contribution to profit also coming from the resurgence in Emerging Market Debt," said CEO Kyriakos Rialas.

"Moving forward we are now ready to expand our marketing efforts with the key focus of relaunching the flagship Argo Fund and boosting our AUM."

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Argo Group Ltd. Market Data

Currency UK Pounds
Share Price 24.20p
Change Today 0.000p
% Change 0.00 %
52 Week High 25.40
52 Week Low 15.25
Volume 10,000
Shares Issued 38.96m
Market Cap £9.43m

Argo Group Ltd. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.55% above the market average69.55% above the market average69.55% above the market average69.55% above the market average69.55% above the market average
63.77% above the sector average63.77% above the sector average63.77% above the sector average63.77% above the sector average63.77% above the sector average
Price Trend
83.41% above the market average83.41% above the market average83.41% above the market average83.41% above the market average83.41% above the market average
85.03% above the sector average85.03% above the sector average85.03% above the sector average85.03% above the sector average85.03% above the sector average
Income Not Available
Growth
51.79% above the market average51.79% above the market average51.79% above the market average51.79% above the market average51.79% above the market average
45.90% above the sector average45.90% above the sector average45.90% above the sector average45.90% above the sector average45.90% above the sector average

Argo Group Ltd. Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 27-Mar-13
Paid n/a 26-Apr-13
Amount 0.000p 1.30p

Trades for 14-Nov-2019

Time Volume / Share Price
09:27 10,000 @ 25.40p

Argo Group Ltd. Key Personnel

CEO Kyriakos Rialas

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