Shares in multi-currency payments specialist FairFX (LON:FFX) shot up by 12.59% to 128.35p (as of 14:30 BST) after it announced that it had a turnover of £1.1 billion over the six months to 30th June, a 146% improvement over its performance in the same period of last year. Management said that this was in line with their expectations and that like-for-like turnover, excluding acquisitions made across the year, was 22.8%.
CEO Ian Strafford-Taylor said that: “The substantial growth in turnover has also been achieved without reduced margins and this gives us great confidence for the prospects for 2018 and beyond“.
The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.
Book your FREE tickets today using code: MIBLOG