StockMarketWire.com - Tatton Asset Management posted a fall in first half profit due to expenses related to its recent share-market listing.

Pre-tax profit fell to £0.54m, from £1.86m, following IPO costs of £1.6m and share option costs of £0.9m.

Adjusted operating profit rose 56% to £3.1m, as revenue rose 31% to £7.3m.

"Since 30 September 2017 the group continues to perform in line with management expectations, building upon the growth trends reported for the interim period," the company said.


At 9:44am: [LON:TAM] Tatton Asset Management PLC share price was 0p at 189p



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