Lighthouse Group plc (LON: LGT), the national financial advisory group, is pleased to provide a trading update for the six months ended 30 June 2018.
The Group, which is the preferred financial adviser to 21 (2017: 19) affinity partners with a combined membership of more than 6 million individuals, has continued to trade positively in the first half of 2018, in line with management’s expectations and ahead of the comparator period for the six months ended 30 June 2017.
The Group continues to maintain a strong balance sheet with cash balances at 30 June 2018 amounting to £9.6 million and no debt (30 June 2017: £8.1 million, net of £0.4 million mortgage since redeemed).
The Board is pleased with trading to date in 2018 and is confident of further progress over the remainder of the year.
Lighthouse Group will be announcing its half year results for the six-month period ended 30 June 2018, on 4 September 2018.