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Lighthouse Group Plc

Lighthouse Group plc Report another period of growth

Lighthouse Group plc (LON: LGT), the national financial advisory group, has today announced that for its financial year ended 31 December 2018, it expects to report Earnings Before Interest, Tax, Depreciation and Amortisation and Profit Before Taxation in line with Board expectations.

The Group expects to report its full audited results for the year ended 31 December 2018 in late February 2019.

Malcolm Streatfield, Chief Executive Officer of Lighthouse, commented:

“The Board is delighted to report another period of growth for the business. Our advisers continue to deliver quality advice to our customers and the annualised revenue production per adviser and levels of recurring revenue continue to build. I look forward to updating the market further at the time of reporting the Group’s result for 2018.”

Lighthouse has been listed on AIM since 2000 as an integrated financial services company for investors, coupled with significant scale in terms of distribution through financial advisers and wealth managers and its fully diversified business model.

As one of the UK’s largest autonomous financial advice and wealth management groups, Lighthouse provides a comprehensive range of services to businesses and individuals and is retained by most of the major trades unions and other affinity groups to advise their combined memberships of over 6 million members.

The Group aims to increase its relationships with, and the benefits it derives from, its affinity group and professional partners.

In addition to a wide range of financial advice, the Group has developed innovative products to meet the specific needs of its retail and corporate customers.

Lighthouse Group plc operates from its headquarters in London as well as having principal operating offices in Stockport and Woodingdean, near Brighton.