thewealthnet

Profits rise over 50 pc at Mattioli Woods

News Team, 13/09/2022

Ian Mattioli MBE

Wealth manager Mattioli Woods increased its pre-tax profits 56.9 percent in the full year ended 31 May 2022.

Pre-tax profits rose year-on-year from £5.1 million to £8.0 million.

Revenues were up 72.8 percent from £62.6 million to £108.2 million.

The firm said organic growth was up 10 percent from £56.6 million to £62.2 million, while £46.1 million of revenues was attributed to acquisitions.


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