StockMarketWire.com - FDM Group's revenue for the six months to 30 June increased by 13.6% to £56.6m.

Net fee income increased by 19.1% to £426m and Mountie revenue rose by 20.0% to £41.2m.

EBITDA for the six months to 30 June (operating profit before interest, taxation, depreciation and amortisation and exceptionals) increased by 10.6% to £11.0m Group operating profit before exceptional items increased to £10.7m (2013: £9.7m).

Chief executive Rod Flavell said: "The first half of 2014 was a period of strong operational and financial progress. Client demand is increasing across all our operating territories and, supported by a strong balance sheet and healthy cash generation, we continue to grow our geographic reach, sector focus and service offering. I am confident that the Group is well placed to make good progress for the remainder of the year."




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