According to a company statement, released ahead of today’s annual general meeting, group chairman Tony Martin will make the following statement: “The group has delivered year-on-year growth in net fee income for the first quarter of 2019. The investment made last year in Grupo Solimano in Peru is performing well and in line with our expectations.

“The group is on course to meet market expectations for the full year, with the group’s profit contribution anticipated to be more second half weighted due to the previously highlighted increase in central staff costs, new office openings, and our brands in Germany and Japan starting this year from a lower base position.”

The group is to publish a trading update 24 July 2019 and interim results for the six months ending 30 June 2019 on 21 August 2019.

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