thewealthnet

Redmayne Bentley reacts to fall in operating profits

Emelia Hamilton-Russell, 06/01/2020

Redmayne Bentley has sounded an optimisitc note as it commented on its progress in the first half of the financial year.

Last month the firm released its accounts for the end of the year to March 2019 showing that operating profits dropped from £4.8 million to £4.1 million over the 12 months to the end of March 2019.

In a statement to thewealthnet last week (3 January) Redmayne highlighted the fact that gross and net incomes had risen, despite a fall in operating profits.

They put the increase in operating expenses down to staff recruitment and investment in systems, although there has also bee...


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