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Cenkos soars after update
BROKING firm Cenkos will see profits soar this year, it said yesterday, in part thanks to landing the top role on the lucrative AA flotation.
As sole co-ordinator and bookrunner on the AA deal, it can expect to earn £30m on the sale.
The small- and mid-cap specialist gave a trading update indicating revenues and profits are on track to be “significantly higher than market expectations for the current year”.
Cenkos’ shares rose 6.63 per cent.