Lighthouse revenues up 11%

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Lighthouse Group has posted an 11% increase in revenues for the six months to June 30 2010, boosted by an improvement in investor confidence.

The group posted revenues of £32.6m for the six months, whilst pre-tax profits rose to £117,000, compared with last year's figure of £56,000. Gross profit increased marginally from £8.6m to £8.9m. "The increase in revenues reflected greater investor confidence in markets generally," said the advisory group. Earnings per share for the half year rose to 0.09 pence from 0.04 pence for the previous year. The board has also increased dividend payments, expected to be paid on 28 October, to 0.12p to reflect continuing confidence in the group's prospects. Lighthouse said the RDR will domi...

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