- Investment platform AJ Bell reported a 17% increase in revenue to £109.4m and a 33% increase in pre-tax profit to £37.7m for the 12 months to 30 September.

The dividend was up 31% to 4.83p, retal customers increased 17% to 232,066, with the customer retention rate improving modestly from 95.1% to 95.4%.

Andy Bell, CEO at AJ Bell, commented: 'These results are a strong endorsement of the business model and growth strategy that we outlined in the run up to our IPO a year ago. Our focus on the needs of our customers and helping them to invest has enabled us to continue to add new customers to the platform and retain existing ones.'

Disclaimer: AJ Bell, mentioned in this article, is the owner of Stock Market Wire

At 9:42am: [LON:AJB] share price was -13p at 395p

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