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WH Ireland on course to bust market expectations
by Dylan Lobo on Dec 19, 2013 at 09:06
WH Ireland has ended the year on a bullish note.
The private client stockbroker endured a tough spell at the start of the year following the controversial exit of its chief executive Paul Compton at the end of 2012.
Compton subsequently launched legal proceeding against the firm, which the two warring parties reached settlement on 15 October.
However, under the guidance of Richard Killingbeck (pictured) WH Ireland is on course to overcome these difficulties.
In a brief trading update covering the 12 months to 30 November, the firm said after ‘substantial’ one-off costs incurred during the year it expects to perform better than it had anticipated.
‘The private wealth management and corporate broking divisions have performed strongly during the second half of the year, and will thus result in revenue and profit before tax for the group exceeding market expectations,’ the firm said in a statement.
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