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Interim Results

Equiniti affirms guidance after solid first half

28 July 2017 09:32

Equiniti has affirmed its full-year guidance after solid first half results.

Revenues for the six months to the end of June were 1.5% up at £194.8m and EBITDA before exceptional items rose by 1.9% to £42.0m.

Underlying earnings per share rose by 6.2% to 6.9p.

The group declared a dividend of 1.75p per share - up 6.7%.

Chief executive Guy Wakeley said: "We are pleased that Equiniti's strategy of deep specialisms in regulated markets continues to generate underlying earnings growth and shareholder value.

"Our market leading positions are a foundation for further defensive revenue growth, whilst the quality of our people and platforms provide continuing margin progression."

At 9:32am: (LON:EQN) Equiniti Group Plc share price was -26.12p at 259.13p

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