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Tavistock Investments in a strong position after reporting maiden pre-tax profit

Brian Raven, chief executive of Tavistock Investments PLC (LON:TAVI),  discusses with Proactive Investors their results for the year to the end of March 2018.

The financial services group reported a maiden pre-tax profit of £221,000, while underlying earnings (EBITDA) jumped 132% to £894,000 from £384,000 in 2017 and revenues climbed 47% to £28.8mln from £19.5mln.

Quick facts: Tavistock Investments PLC

Price: 2.2 GBX

AIM:TAVI
Market: AIM
Market Cap: £12.66 m
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Tavistock Investments profits to soar after first half that 'couldn't have...

Brian Raven, fund manager Tavistock Investments PLC's (LON:TAVI) chief executive, says the growing momentum in their discretionary funds business can see profits jump to £5mln in the not too distant future. Tavistock swung into profit in the first half and has forecast more to come as...

on 29/11/17

2 min read