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Hargreaves set to beat City forecasts


29.06.09

Independent financial adviser Hargreaves Lansdown says profits for the year that ends this month will be slightly better than City expectations.

Analysts had forecast pre-tax profits to jump from £60.9 million to £69.1 million.

Revenues were 10% ahead after 11 months and assets under management grew 15% in the last two months alone.

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