Investment Banking

Robey Warshaw profits slip by 63% ahead of pandemic deals

The firm made an operating profit of £17.9m

Profits at Robey Warshaw, set up by Sir Simon Robey and Simon Warshaw, were down 63% last year
Profits at Robey Warshaw, set up by Sir Simon Robey and Simon Warshaw, were down 63% last year Photo: Getty Images

Profits at Robey Warshaw slipped by 63% last year, ahead of a period when the Mayfair boutique secured advisory roles on some big UK M&A deals.

The latest figures for the advisory boutique, which has just a handful of employees but provides advice to some of the largest FTSE 100 companies, show that the firm made an operating profit of £17.9m. This was for the year to 31 March 2020, and is down from $48.4m for the previous 12-month period, when profits increased by nearly 130%.

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