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BRIEF-Numis says H1 income to be moderately lower in 2017 vs 2016
March 31, 2017 / 6:27 AM / 9 months ago

BRIEF-Numis says H1 income to be moderately lower in 2017 vs 2016

March 31 (Reuters) - Numis Corporation Plc

* Steady rise in UK equity markets has been helpful to our equities revenues

* We have seen a paucity of primary equity issuance in UK market as a whole and increase in m&a activity has yet to fully benefit our top line

* As a result, total income will be moderately below first half of last year.

* Based on strength of our pipeline, we remain confident in outturn for full year. Source text for Eikon: Further company coverage: (Reporting By Rachel Armstrong)

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