Panmure Gordon says FY trading in line with views

Panmure Gordon said trading for the 12-month period to Dec. 31, 2016, has been in line with directors' expectations, with H2 revenues ahead of the previously reported six months.

Net revenue for the full year is expected to be approximately £27m, versus £23m in 2015.

This will result in a return to full year profitability and positive operational cash flow with the net effect of further strengthening the Group's balance sheet.