bullish

Cenkos Securities - Gained market share in tough conditions

237 Views15 Mar 2023 17:36
Issuer-paid
SUMMARY

The much-reduced level of capital markets activity in 2022 meant sharply lower profitability for Cenkos, although control over fixed costs and reduced variable compensation provided some mitigation. The group continued to focus on client service, gained share in AIM fund-raising (to 15%), has made net additions to its client base and, supported by a strong balance sheet, has made selective staff hires to strengthen its capabilities.

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