Ravenscroft saw a 40% increase in turnover last
year according to its 2014 results published last week.
The company, which was founded in Guernsey in 2005 and is the
only locally-owned independent stockbroking and investment
management company in the Channel Islands, saw turnover grow from
£8.1 million at the end of 2013 to £11.37 million at
the end of 2014. Profit before tax increased 55% to £2.35
million with assets under administration increasing 26% to
£1.62 billion.
The board is proposing an eight pence per share dividend to
shareholders in addition to the four pence interim dividend, three
pence more in total than was paid in 2013.
"Ravenscroft Limited had an extremely successful 2014 and
to see significant increases across turnover, profit before tax and
assets under administration is testament to the hard work and
loyalty of our staff and to the approach the company takes. I will
however always say that without the loyalty and support of our
fantastic
