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Showing 121 - 130 of 263 results for "NPAT"

Euroz expecting spike in NPAT

KANIKA SOOD | WEDNESDAY, 3 FEB 2021

The West Australian diversified financials firm said it expects a 193% pcp increase in its unaudited net profit after tax to $25.1 million in the half ending December 2020. Underlying cash profits after tax were $10.9 million and non-cash (most of it ...

Volatility ahead for Magellan shareholders: Morgan Stanley

KANIKA SOOD | THURSDAY, 21 JAN 2021

... strategies, recent underperformance, and the six-month plus delay in the retirement strategy. Morgan Stanley revised down its NPAT for Magellan by 7% for FY21 and 5% for FY22. Its price target for MFG shares was cut 14% to $41.20.

Pendal reports $1.6bn in net outflows

KANIKA SOOD | FRIDAY, 15 JAN 2021

... significant improvement from just $600,000 in the previous corresponding period. They will contribute $21.4 million to underlying NPAT for the year ending September 30.

Bell Financial Group profits up 44%

KANIKA SOOD | THURSDAY, 14 JAN 2021

... results precede the results announcement coming in February. Revenue increased 18% to $299 million. Earnings per share and NPAT were up 44% to 14.6 cents per share and $46.7 million respectively, the firm said. Funds under advice grew 9% to $63.9 billion ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD | WEDNESDAY, 23 DEC 2020

... the $35 million price plus the ADI capital requirements via a $100 million distribution in the March quarter. Normalised NPAT for FY21 will be $3 million lower but still within the guidance range of $390 million to $440 million. It expects the bank to ...

IOOF abandons AET sale

KANIKA SOOD | FRIDAY, 4 DEC 2020

... Certes Corporation and under a new owner) for $51.6 million. The business contributed $1.1 million to IOOF's underlying NPAT in 2018. IOOF retained the corporate trust business, which provides private client trustee services, estate planning and ...

Connie McKeage to step back at OneVue

KANIKA SOOD | FRIDAY, 6 NOV 2020

... profit after tax for the three months ending September, compared to $14.6 million in September quarter last year. Year to date NPAT was $40.1 million, down 11% compared to the same period last year. Operating revenue grew 8% during the period to $401.4 ...

Pendal profits tumble 25%

KANIKA SOOD | WEDNESDAY, 4 NOV 2020

... figure includes its seed investments' movements which were marked-to-market. If it weren't for them, Pendal's NPAT would have stood at $146.8 million or 10% lower than last year. Pendal's average FUM was $94.8 billion (down 4%) and fee ...

Challenger shareholders revolt against remuneration

KANIKA SOOD | FRIDAY, 30 OCT 2020

... million in statutory net loss for the year, as its investments fell by $750 million during the COVID-19 pandemic. Normalised NPAT was down 14% to $344 million - after deducting for investment experience of $750 million and the $9 million cost associated ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA | TUESDAY, 27 OCT 2020

... went on extended leave of absence for personal reasons. In its first half results for FY20, Evans Dixon reported statutory NPAT of $2.1 million, down 83% from the previous corresponding period. This year, the ASX-listed URF returned -76.1% in the year ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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