Brokerage Norton Folgate is back in profit two
years after it was repurchased via a special purpose vehicle.
As of March 2011, the end of the company’s
financial year, underlying sales growth was up 29 percent compared
to the same period a year previously.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Growth of 25 percent or more has been forecast
for the coming year, and no addition to fixed overhead is
expected.
March was described as the company’s “best
month” since August 2007.
The company has made two new appointments:
Paul Murray becomes associate director of business finance, and
Ellie Hoad is business development manager for professions finance
respectively. Both join from St Helens Finance.
London-based Norton Folgate was repurchased by
an SPV owned by MD Robert Keep in 2009.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataclaire.hack@vrlfinancialnews.com
