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Coronavirus impact: 16 July - fabulous results from a modestly valued stockbroker

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An AIM quoted stockbroker and provider of outsourced financial services issued fantastic results suggesting a substantial dividend increase is likely


Jarvis Securities; fantastic results push the shares higher

Jarvis Securities (LON:JIM), the provider of stockbroking and financial administration services, issued fantastic interim results for the 6 months to 30 June 2020.

Revenue rose 31% to £6.82m while pre-tax profit leaped 50% to £3.59m. With earnings per share up 50% to 26.66p and cash flow strong, shareholders can surely look forward to an increased dividend.

Our Premium Research report here highlighted the appeal of this excellent little business.

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