Simon Thompson 

Lighthouse sends out the right signals

Simon Thompson

Simon Thompson

Underpinned by a record average revenue per adviser of £122,000, financial services group Lighthouse (LGT:26.5p) has delivered a resilient performance in the face of weaker financial markets in the final quarter of 2018. Second-half pre-tax profits increased by 9.5 per cent to £1.38m on the first half of 2018 to produce annual pre-tax profit of £2.64m, up from £2.52m in 2017. Adjust for tax credits that buoyed 2017 post-tax profits and underlying earnings per share (EPS) rose by 6 per cent to 1.68p.

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