Lighthouse Group plc (LON:LGT), the national financial adviser of choice for Middle Britain, has told DirectorsTalk that for its financial year ended 31 December 2017 it expects to report revenue, EBITDA and profit before taxation ahead of market expectations. This performance was driven by both an increase in business derived from the Group’s affinity connections and from higher levels of average annualised revenue production per adviser across all of the Group’s divisions.
The Group will report its full audited results for the year ended 31 December 2017 on 20 February 2018.
Malcolm Streatfield, Chief Executive Officer of Lighthouse commented: “The anticipated results for 2017 reflect the continuing and increasing importance of the valuable relationships the Group has developed with its affinity partners, with 15,000 new client engagements undertaken during the year, as well as the on-going professionalism and effectiveness of the advisers across the Group’s operations. I look forward to reporting in full on the Group’s results for 2017 in due course.”