StockMarketWire.com - Wealth management and employee benefits business Mattioli Woods said it had returned to revenue growth in the first four months of its financial year.

The company had experienced increases in small self-administered scheme fees and property-management revenues, chairman Joanne Lake said in speech notes for its annual general meeting.

However, those had been offset by market and political uncertainty hurting its investment services business, including through a lower level of net inflows on-year.

'We have also driven some further margin improvement, with additional efficiencies and cost savings realised following a restructure of our client facing operations,' Lake said.

'These changes have been designed to enhance client service and experience, receiving positive feedback both internally and from clients.'

'We remain committed to growing the dividend, while maintaining an appropriate level of dividend cover.'


At 9:23am: [LON:MTW] Mattioli Woods PLC share price was +12.5p at 677.5p



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