Company Underlying Profit Before Tax
. FY20(Incl.)(1) FY20 (Excl.)
Jefferies* 57.40 30.80
Numis* 59.70 33.10
Liberum 60.00 33.40
Investec 35.1 (2) 17.60
Peel Hunt 44.40 17.80
UBS 59.00 32.40
Panmure Gordon 50.6 (2) 33.10
RBC 56.20 29.60
Stifel 60.00 33.40
Morgan Stanley 60.60 34.00
Cantor Fitzgerald 58.90 31.90
Av. Consensus 54.72 29.74

1. Inclusive of £26.6m FY benefit of impairment and OLP, as detailed in FY19 preliminary results

2. Investec and Panmure Gordon FY20 Incl. numbers include £17.5m OLP, but exclude £9.1m impairment benefit

* House Brokers

Date Published: 5 November 2019