GlobeClose Brothers Group plc (LON:CBG) shares have dropped 6.5% this morning after the bank published its half year report. Underlying operating profits dropped from £160.5m to £117.5m, but the reported figure, taking into account provisions related to the winding down of their troubled Novitas division, was £11.7m, a fall of over 90%. The group believe […]
Mar 14 2023
Close Brothers Half-Year Profit Falls Over 90%
| published by | Hargreaves Lansdown |
|---|---|
| in blog | ValueWalk |
| original entry | Close Brothers Half-Year Profit Falls Over 90% |
business close brothers lon:cbg
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