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Press
Shore Capital Group Interim Results to 30th June 2007
2007-09-05
Highlights:
Business performed strongly and profitably during period and also in July and August
Successful outcome of Dawnay Shore Hotels ("DSH") strategic review offers benefits to clients and principal finance and significant upside for the future
Further in-built growth in asset management income as funds, particularly Puma Brandenburg,
deploy their cashOur strong balance sheet with considerable liquidity and our flexible and diversified business model should give rise to opportunities in challenging markets ahead
Howard Shore, Executive Chairman of Shore Capital Group, said:
"These results underline the strong performance of our principal finance and alternative asset
management activities. Combined with a robust performance from our equity capital markets, we
remain well positioned to ride out the market volatility we have seen over the last months, testimony
to the flexibility and resilience of our diversified investment banking model.
Regulatory Framework and Disclaimer
Shore Capital Stockbrokers Limited is a member of the London Stock Exchange and is regulated by the Financial Services Authority ("FSA").
Shore Capital Limited and Shore Capital and Corporate Limited are regulated by the FSA.
The information on this website about Shore Capital Limited plc ("the Company") is derived from sources considered reliable but no warranty, expressed or implied, by the Company, its directors or employees is given as to its accuracy or completeness. No reliance should be placed on this information in any decision to acquire or dispose of shares in Shore Capital Limited plc or any investment referred to herein. Potential investors in the Company's shares are recommended to take advice before dealing from an authorised professional investment adviser or stockbroker.
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