STJ Advisors sees profits fall but looks forward to better times

David Hellier
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SPECIALIST equity capital market adviser STJ Advisors saw a drop in profits from £2.9m to £2.3m in the year to the end of March 2013, according to documents filed yesterday at Companies House.

The niche firm, which advised the Royal Mail Group during the initial stages of its privatisation last year (helping it to choose its flotation bankers), also witnessed a fall in turnover from £4.7m to £3.933m during a difficult time for the capital markets both in London and in Europe.

Since the year end STJ has witnessed a distinct upturn in activity as the markets in which it operates have recovered.

Last year it advised on a number of stock market flotations, including Belgian Post, Deutsche Annington and Stock Spirits.

The firm, which is independent, is run by and was founded by John St John, an equity market specialist.

STJ is often hired to give advice that is independent to that of the bulge bracket banks, especially helping private equity owners to orchestrate sales of assets into the public markets.