Mortgage Advisory Bureau Says First Half Revenue Increases Significantly

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Sabela Ojea

The Mortgage Advice Bureau PLC said on Thursday that revenue grew in the first half of the year compared to the same periods in 2020 and 2019, and that it has good opportunities to exceed the board’s expectations for 2022 and beyond.

The British real estate rental company said revenue rose 43% to 91 million pounds ($ 126.5 million) over the same period last year and 49% over the first half of 2019.

“The current trading is in line with the board’s expectations for fiscal 2021,” the London-based company said.

The shares were up 45p, or 3.5%, to 1,320p at 07:34 GMT.

Email Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

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