Brewin Dolphin Holdings plc provided earnings guidance for the first-half of 2014 and financial year 2015 and 2016. The adjusted profit before tax margin for the first-half of 2014 is expected to be in excess of 20%, compared to 17.1% in the first-half 2013.

The company anticipated that the 20% or more operating margin target would be achieved in financial year 2015 and a new target of more than 25% operating margin run rate by the end of 2016.