Cavendish plc (LSE:CAV) reported a profitable first half, with group revenue reaching £28.0 million, supported by continued equity issuance and private M&A advisory mandates. Cash balances rose 15% year-on-year, reflecting strong financial resilience. The firm added eight new clients and opened a new office in Birmingham, reinforcing its market presence. Despite ongoing economic uncertainties, Cavendish remains confident about finishing the financial year on a positive note, particularly if inflationary pressures ease.
The company’s outlook is underpinned by steady financial recovery and stable technical indicators. While a high P/E ratio points to potential overvaluation, the attractive dividend yield provides investor appeal. Limited earnings call or corporate event data restricts further insight.
About Cavendish plc
Cavendish plc is a UK investment bank offering a broad range of financial services, including equity issuance and M&A advisory. It primarily serves small and mid-sized companies, providing tailored solutions across different stages of business growth. Cavendish maintains a strong position in supporting AIM-listed companies and continues to expand its regional and international presence.
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