Equity indices have shown resilience but FY16 did not provide an easy backdrop for Numis’s corporate activities, so delivery of revenue growth of 15% was encouraging and demonstrates further the benefit of the continued growth in the franchise. The corporate client count now stands at 199, compared with 130 in 2010, and with potential to broaden its areas of sectoral strength and develop services offered to private companies, there appear to be many opportunities to focus on.
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