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12 September 2011

Perspective Financial Group Ltd, the national IFA group, has today (12th September 2011) announced excellent trading results for the first half of 2011. The highlights for the half year to 30 June 2011 include; 44% increase in revenue to �8.8m (2010; �6.1m). 44% increase in EBITDA (earnings before interest, taxes, depreciation and amortisation) to �2.3m (2010; �1.6m). Stable EBITDA margin percentage at 26% (2010; 26%) 100% increase in assets under management to �2.2bn (2010; �1.1bn). After allowing for acquisition costs, interest, amortisation and depreciation the group made a net pre-tax profit of �447k (2010; �113k). Damian Keeling, Managing Director of Perspective Financial Group Ltd, commented: �Following on from our record 2010 results, the first half year of 2011 shows a further strong financial performance. We are particularly pleased to record a strong pre-tax profit, though of more relevance is the 44% increase in EBITDA, which is very pleasing. Our strategy continues to be one of organic growth and selective acquisition, and we are on budget and on target for our 2011 forecasts.� For more information on Perspective Financial Group Ltd, visit: www.pfgl.co.uk

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