tiprankstipranks
WH Ireland Group PLC Strives for Recovery Amid Losses
Company Announcements

WH Ireland Group PLC Strives for Recovery Amid Losses

WH Ireland Group plc (GB:WHI) has released an update.

Don't Miss Our Christmas Offers:

WH Ireland Group PLC reported a challenging financial year ending March 31, 2024, with revenue dropping to £21.5m and a statutory loss before tax of £5.9m, attributed to restructuring costs and reduced investment losses. Despite a tough market, the Group has completed the sale of its Capital Markets division, is refocusing on Wealth Management, and is aiming for a return to sustainable profitability through operational development and cost reduction initiatives.

For further insights into GB:WHI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskW.H. Ireland Group PLC Announces Major Change in Shareholder Voting Rights
TipRanks UK Auto-Generated NewsdeskWH Ireland’s Strategic Shift Post-Capital Markets Sale
TipRanks UK Auto-Generated NewsdeskWH Ireland Appoints Zeus Capital as New Adviser
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App