26 November 2020 - final results
Results for the year ended 30 September 2020 have been released. Assets under management reached £10.6bn at the year end versus £6.6bn a year earlier, although this is explained by the merger with Miton Group. Management fees were £66.6m (2019: £48.4m). Adjusted profit before tax was £22.4m (2019: £19.0m), translating into adjusted earnings per share of 12.46p (2019: 15.10p) Reported profit before tax was £9.6m (2019: £13.7m). Cash balances were £36.0m as at 30 September 2020, up from £20.7m a year earlier. The . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.