LSE: AFH Group is a 
company "to inspire Britain"

The London Stock Exchange has named Bromsgrove-based financial group AFH as among the “most dynamic SMEs and high growth potential companies” in the UK.

The group, whose 300-strong workforce supports a community of 165 independent financial advisers, has been listed on the Stock Market’s AIM since 2014.

Stock Exchange chief executive Sir Xavier Rolet said of AFH and others named in its Companies to Inspire Britain report: “These companies are the lifeblood of the UK economy.”

The report highlights companies that are growing at exceptional rates and out-performing their sector peers.

Sir Xavier particularly endorsed the AFH’s model of funding sustainable growth without incurring debt.

“While debt may be a suitable funding tool to help established blue-chip firms, it is ill-suited to help SMEs, entrepreneurs and high growth potential companies,” he said. Last week AFH raised a further £17.5m from a share issue, following a £10m issue in April. Both issues were over-subscribed.

AFH chief executive Alan Hudson paid tribute to AFH’s staff, advisers and investors.

“Winning this recognition from the Stock Exchange was a true team effort and reflects the strength of our innovative model for sustainable growth in the interests of our clients,” Alan added.

“Growing businesses like AFH are not just vital for the UK economy today; they also drive the new ideas and new ways of working that will keep our economy healthy and growing in the future, creating the jobs and wealth our country needs.”


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