AJ Bell lifts FY revenue guidance as customer numbers grow

Financial services platform AJ Bell lifted full-year revenue guidance as it continued to see rising customer numbers in the first half.

Revenue for the 12 months to September 30 was expected to be at least £6m higher than company-compiled forecasts of £136m, AJ Bell said on Monday.

“The company has continued to see strong customer acquisition in the first half of the current financial year and dealing activity by direct-to-consumer customers has remained at elevated levels throughout,” the company said in a statement, adding that dealing activity was expected to moderate from current levels in the second half.