MJ Hudson Group Plc reports a 21% rise in underlying revenue for the 6-month to 31st December 2019

MJ Hudson Group Plc (LON: MJH) has released a trading update for the six-month to 31st December 2019.

  • The company reported an improvement of in the underlying revenue of 21 per cent to £10.4 million, from the same period in the last financial year. The growth was of seven per cent on an organic basis.
  • In the reported period, the company successfully concluded the acquisition and assimilation of Amsterdam-based SARIS.
  • The company also reported that Anglo-Saxon Trust’s acquisition is anticipated to complete in the coming two months, once after getting the regulatory approval by the Jersey Financial Services Commission.
  • On 14th January 2020, at the time of writing, GMT 08:05 AM, MJH shares were trading at GBX 58.50, unchanged against the previous day closing price.