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Alpha FX profit surges in H1 amid move into new markets, products

By BFN News | 09:34 AM | Wednesday 04 September, 2019

Payments company Alpha FX reported a surge in half-yearly profit on higher revenue as the company's move into new markets and the launch of new products bolstered growth. For the six month period ended 30 June 2019, underlying operating profit increased by 70% to £6.7m and revenue grew by 60% to £15.6m. The interim dividend was increased by 16% to 2.2p from a year earlier. 'Trading in the second half of the year has begun well and the Board remains very comfortable with market expectations for the full year outcome,' the company said. At 9:34am: (LON:AFX) Alpha Fx Group Plc share price was +45p at 780p Story provided by

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