Lansdown looks to leap into FTSE100

Salih, Chris
September 2009
Money Marketing;9/10/2009, p12
The article reports that Hargreaves Lansdown PLC (HL) in Great Britain expects to become a FTSE 100 company by following its current business model. It mentions that the firm which is a FTSE 250 company, shows an increase of 20% profit from 61 million pounds in 2008 to 73 million pounds as of June 30, 2009. HL chairman Stephen Lansdown believes that the said model's positive result shows how well they interact with their clients, and states that the company will not preclude acquisitions.


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